The estimated value of this property is $276,045, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $271,000 and $282,000. Against 4 similar active listings in WOODS GREAT OAKS CONDO, this price point lands at the most affordable of 4 comparable homes on the market. The 0.00 acre lot (smaller than the 0.13 acre average) is reflected in the estimate. Right now, 4 similar properties are competing for buyers in WOODS GREAT OAKS CONDO, listed between $285,000 and $350,000. Recent trends in 78681 show home values have fallen 3.5% since 6 months ago. The most comparable recent sale is 14001 Avery Ranch BLVD # 2103, Austin TX 78717, with an adjusted value of $259,659; a strong comparable. Based on 7 relevant data points in WOODS GREAT OAKS 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