98 San Jacinto BLVD # 1703, Austin TX 78701

My analysis of 3 comparable properties puts this home's estimated value at $951,532. Based on how the local market is moving, a list price between $933,000 and $971,000 would position this home well. This home's position in the current TOWN LAKE RESIDENCES CONDO market: the 2nd most expensive of 5 comparable homes on the market among comparable properties. The 124 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.01 acres versus the area average of 0.05) contributes to the valuation. Current inventory shows 5 comparable homes in TOWN LAKE RESIDENCES CONDO; a buyer's market based on recent absorption. The 6 month price trend in 78701: fallen 13.8%. The best comp here is 54 Rainey ST # 416, Austin TX 78701 at an adjusted value of $485,780, with a smaller floor plan. With 3 comparable sales in TOWN LAKE RESIDENCES CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group