908 Nueces ST # 17, Austin TX 78701

My analysis of 3 comparable properties puts this home's estimated value at $557,000. Based on how the local market is moving, a list price between $411,000 and $421,000 would position this home well. This would position the home competitively among 3 active listings in CELIAS COURT. The smaller lot (0.01 acres versus the area average of 0.15) contributes to the valuation. Current inventory shows 3 comparable homes in CELIAS COURT; a buyer's market based on recent absorption. The 6 month price trend in 78701: risen 1%. The best comp here is 501 West Ave # 1002, Austin TX 78701 at an adjusted value of $633,688, a strong comparable. With 3 comparable sales in CELIAS COURT, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group