1601 E 5th ST # 207, Austin TX 78702

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $523,164. I'd recommend coming to market at $452,000 to $462,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in SALTILLO LOFTS CONDO, this price positions the property as the most expensive of 3 comparable homes on the market. The active market in SALTILLO LOFTS CONDO includes 3 comparable homes priced from $429,000 to $650,000. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 2319 Santa Maria ST, Austin TX 78702 nearby adjusts to $726,153; a strong comparable. Based on 7 relevant data points in SALTILLO LOFTS 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