200 Congress Ave # 23D, Austin TX 78701

The estimated value of this property is $1,523,791, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $707,000 and $717,000. With 7 comparable homes on the market in TONIAN CONDO COMMUNITY, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Built in 2008, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.04 acre average) is reflected in the estimate. 7 similar homes are currently available in TONIAN CONDO COMMUNITY, creating a buyer's market for this price range. Recent trends in TONIAN CONDO COMMUNITY show home values have fallen 27.3% since 6 months ago. The most comparable recent sale is 210 Lavaca ST # 2308, Austin TX 78701, with an adjusted value of $1,279,163; a strong comparable. Based on 4 relevant data points in TONIAN CONDO COMMUNITY, 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