200 Congress Ave, Austin TX 78701

The estimated value of this property is $1,890,678, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $2,073,000 and $2,279,000. In the current TONIAN CONDO COMMUNITY market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. Built in 2008, this home is 12 years older than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.05 acre average) is reflected in the estimate. With 5 similar homes currently listed in TONIAN CONDO COMMUNITY (a buyer's market), competition is a factor to consider. Recent trends in TONIAN CONDO COMMUNITY show home values have fallen 27.3% since 6 months ago. The most comparable recent sale is 44 East Ave # 2701, Austin TX 78701, with an adjusted value of $1,551,130; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group