1800 E 4th ST # 243, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $423,203. I'd recommend coming to market at $177,000 to $187,000 to strike the right balance between value and market velocity. In the current FOURTH & CONDOS market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. The smaller floor plan (838 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2018, this home is 16 years newer than the average comp, which is reflected in the adjustments. Buyers in FOURTH & CONDOS have 5 comparable options right now, with asking prices between $180,000 and $310,000. The trend in 78702 shows prices have fallen 6.3% in the past 6 months. 2001 E 8th ST, Austin TX 78702 nearby adjusts to $567,440; with a larger floor plan. Based on 7 relevant data points in FOURTH & CONDOS, 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