The estimated value of this property is $188,347, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $265,000 and $292,000. Among the similar homes currently available in NAMELESS HOLLOW CONDOS, this price point stands out as competitive. At 110 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1985, this home is 8 years newer than the average comp, which is reflected in the adjustments. The active market in NAMELESS HOLLOW CONDOS includes 4 comparable homes priced from $150,000 to $310,000. Recent trends in 78641 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 10801 W Lakeview DR, Jonestown TX 78645, with an adjusted value of $225,182; a strong comparable. Based on 3 relevant data points in NAMELESS HOLLOW CONDOS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX