2020 S Congress Ave # 1111, Austin TX 78704

Based on 7 closed sales in 2020 CONGRESS CONDO, the data points to a value around $234,246 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $379,000 to $389,000. This pricing would rank the home as the most affordable of 7 comparable homes on the market in 2020 CONGRESS CONDO's current inventory. At 145 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1964 (5 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in 2020 CONGRESS CONDO, listed between $255,000 and $565,000. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 2020 S Congress Ave # 2213, Austin TX 78704 at an adjusted $230,915, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 2020 CONGRESS CONDO. 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