Based on 5 closed sales in WEST RIDGE CONDO, the data points to a value around $343,975 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $345,000 to $367,000. This would position the home competitively among 5 active listings in WEST RIDGE CONDO. The larger floor plan (106 sqft compared to the average comp) is a meaningful differentiator in this price range. There are currently 5 similar homes on the market in WEST RIDGE CONDO, ranging from $299,000 to $419,000. Market data shows 78705 prices fallen 3.1% over the last half year. The closest comparable sale, 2529 Rio Grande ST # 12, Austin TX 78705 at an adjusted $327,710, is a strong comparable. The strength of this estimate comes from 5 directly comparable sales in WEST RIDGE 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
