935 La Posada DR # 254, Austin TX 78752

The estimated value of this property is $360,612, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $125,000 and $135,000. With 7 comparable homes on the market in FLATS/935 CONDOS BLDG, this price positions the property as the most expensive of 7 comparable homes on the market. Being 382 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1980, this home is 11 years newer than the average comp, which is reflected in the adjustments. The active market in FLATS/935 CONDOS BLDG includes 7 comparable homes priced from $130,000 to $240,000. Recent trends in 78752 show home values have risen 14% since 6 months ago. The most comparable recent sale is 601 Nelray BLVD # 12, Austin TX 78751, with an adjusted value of $236,232; a strong comparable. 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