98 San Jacinto BLVD # 807, Austin TX 78701

The market data from 7 similar recent sales in TOWN LAKE RESIDENCES points to a value of approximately $3,287,154. To sell within a reasonable timeframe at fair market value, the $2,416,000 to $2,426,000 range is where I'd position this. With 6 comparable homes on the market in TOWN LAKE RESIDENCES, this price positions the property as the 3rd most expensive of 6 comparable homes on the market. The larger floor plan (496 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2010 construction puts this home 15 years newer than the comp average, a factor in the pricing. With 6 similar homes currently listed in TOWN LAKE RESIDENCES (a buyer's market), competition is a factor to consider. In 78701, home values have fallen approximately 9.8% over the past 6 months. One of the strongest data points is 98 San Jacinto BLVD # 1904, Austin TX 78701, adjusting to $4,143,562; with a larger floor plan. 7 comparable transactions in TOWN LAKE RESIDENCES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group