Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $238,732. I'd recommend coming to market at $250,000 to $252,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in CAT HOLLOW CONDO, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The 0.00 acre lot (smaller than the 0.08 acre average) is reflected in the estimate. There are currently 4 similar homes on the market in CAT HOLLOW CONDO, ranging from $245,000 to $285,000. The trend in CAT HOLLOW CONDO shows prices have risen 12.5% in the past 6 months. 16100 S Great Oaks DR # 901, Round Rock TX 78681 nearby adjusts to $250,000; a strong comparable. Based on 6 relevant data points in CAT HOLLOW CONDO, 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