909 Reinli ST # 107, Austin TX 78751

The estimated value of this property is $543,814, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $275,000 and $285,000. With 7 comparable homes on the market in VERANDAS UPTOWN CONDO, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. Built in 1975, this home is 13 years newer than the average comp, which is reflected in the adjustments. The 0.03 acre lot (smaller than the 0.11 acre average) is reflected in the estimate. With 7 similar homes currently listed in VERANDAS UPTOWN CONDO (a buyer's market), competition is a factor to consider. Recent trends in 78751 show home values have risen 4.6% since 6 months ago. The most comparable recent sale is 909 Reinli ST # 217, Austin TX 78751, with an adjusted value of $218,080; with a smaller floor plan. Based on 7 relevant data points in VERANDAS UPTOWN CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX