The estimated value of this property is $453,261, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $444,000 and $462,000. Among the similar homes currently available in RIVER CITY LOFTS CONDO, this price point stands out as competitive. The 193 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2003, this home is 20 years newer than the average comp, which is reflected in the adjustments. Buyers in RIVER CITY LOFTS CONDO have 7 comparable options right now, with asking prices between $324,900 and $1,360,000. Recent trends in 78705 show home values have risen 1.6% since 6 months ago. The most comparable recent sale is 3001 Cedar ST # 208, Austin TX 78705, with an adjusted value of $408,736; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group