200 Congress Ave # 12D, Austin TX 78701

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,621,500. To generate strong buyer interest while maximizing value, I'd price this between $694,000 and $704,000. Against 7 similar active listings in TONIAN CONDO COMMUNITY, this price point lands at the most expensive of 7 comparable homes on the market. The 2008 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.05 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in TONIAN CONDO COMMUNITY, ranging from $630,000 to $1,695,000. The trend in TONIAN CONDO COMMUNITY shows prices have fallen 44.1% in the past 6 months. 210 Lavaca ST # 2308, Austin TX 78701 nearby adjusts to $1,254,063; a strong comparable. The 3 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