909 Reinli ST # 222, Austin TX 78751

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $318,628. I'd recommend coming to market at $183,000 to $193,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in VERANDAS UPTOWN CONDO, this price positions the property as the most expensive of 4 comparable homes on the market. At 417 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1975, this home is 12 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in VERANDAS UPTOWN CONDO; a buyer's market based on recent absorption. The trend in 78751 shows prices have fallen 13.2% in the past 6 months. 202 E 45th ST # 103, Austin TX 78751 nearby adjusts to $213,029; a strong comparable. 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