1601 E 5th ST # 202, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $524,915. For a well positioned listing in SALTILLO LOFTS CONDO, I'd target the $452,000 to $462,000 range. Against 3 similar active listings in SALTILLO LOFTS CONDO, this price point lands at the most expensive of 3 comparable homes on the market. This home's larger footprint (136 sqft vs the comp average) plays a role in how the market prices it. There are currently 3 similar homes on the market in SALTILLO LOFTS CONDO, ranging from $429,000 to $650,000. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 2124 E 6th ST # 420, Austin TX 78702, with an adjusted value of $459,800; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group