200 Congress Ave, Austin TX 78701

Based on 3 closed sales in TONIAN, the data points to a value around $4,060,701 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $3,013,000 to $3,023,000. Relative to what's currently available in TONIAN, this home would be the most expensive of 4 comparable homes on the market. Being 1,026 sqft larger than the average comparable sale in this area impacts the per square foot value. Right now, 4 similar properties are competing for buyers in TONIAN, listed between $2,500,000 and $5,582,000. Market data shows 78701 prices fallen 17.5% over the last half year. The closest comparable sale, 210 Lavaca ST # 3603, Austin TX 78701 at an adjusted $4,660,098, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in TONIAN. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group