1601 E 5th ST # 205, Austin TX 78702

My analysis of 7 comparable properties puts this home's estimated value at $525,934. Based on how the local market is moving, a list price between $448,000 and $458,000 would position this home well. This home's position in the current SALTILLO LOFTS CONDO market: the most expensive of 3 comparable homes on the market among comparable properties. The larger floor plan (153 sqft compared to the average comp) is a meaningful differentiator in this price range. There are currently 3 similar homes on the market in SALTILLO LOFTS CONDO, ranging from $429,000 to $650,000. The 6 month price trend in 78702: fallen 2.2%. The best comp here is 2319 Santa Maria ST, Austin TX 78702 at an adjusted value of $718,671, a strong comparable. With 7 comparable sales in SALTILLO LOFTS CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group