200 CONGRESS Ave # 24C, Austin TX 78701

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,286,118. To generate strong buyer interest while maximizing value, I'd price this between $559,000 and $569,000. In the current 78701 market with 7 similar homes available, this price represents the 3rd 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. Buyers in 78701 have 7 comparable options right now, with asking prices between $538,999 and $1,395,000. The trend in 78701 shows prices have fallen 17.5% in the past 6 months. 800 W 5th ST # 1001, Austin TX 78703 nearby adjusts to $723,649; a strong comparable. The 7 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