1601 E 5th ST # 201, Austin TX 78702

Taking into account 7 nearby comparable sales, this property's estimated value comes to $513,889. If we were to list this property today, I'd recommend a list price in the $510,000 to $557,000 range. Buyers shopping in SALTILLO LOFTS CONDO right now would see this as a well positioned option among 3 comparable homes. Being 101 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 3 comparable homes in SALTILLO LOFTS CONDO; a buyer's market based on recent absorption. The 6 month price trend in 78702: fallen 2.2%. The best comp here is 2411 Santa Rosa ST # A, Austin TX 78702 at an adjusted value of $510,425, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SALTILLO LOFTS CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group