98 San Jacinto BLVD # 607, Austin TX 78701

The estimated value of this property is $1,796,284, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $922,000 and $932,000. Against 6 similar active listings in TOWN LAKE RESIDENCES CONDO, this price point lands at the 2nd most expensive of 6 comparable homes on the market. At 119 sqft larger than the typical comp, the size difference factors into the valuation. The 0.01 acre lot (smaller than the 0.05 acre average) is reflected in the estimate. Current inventory shows 6 comparable homes in TOWN LAKE RESIDENCES CONDO; a buyer's market based on recent absorption. Recent trends in 78701 show home values have fallen 23.9% since 6 months ago. The most comparable recent sale is 98 San Jacinto BLVD # 1701, Austin TX 78701, with an adjusted value of $2,773,380; 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