901 W 9th ST # 206, Austin TX 78703

Based on 3 closed sales in NOKONAH CONDO, the data points to a value around $1,887,172 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,449,000 to $1,459,000. Buyers shopping in NOKONAH CONDO right now would see this as a well positioned option among 4 comparable homes. Being 202 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 2001 (9 years older than comps) is factored into the value estimate. Current inventory shows 4 comparable homes in NOKONAH CONDO; a buyer's market based on recent absorption. Market data shows 78703 prices fallen 9.6% over the last half year. The closest comparable sale, 800 W 5th ST # 808, Austin TX 78703 at an adjusted $1,402,828, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in NOKONAH CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group