Reviewing the most recent comparable transactions, this home's market value falls around $344,278. For a well positioned listing in 2020 CONGRESS CONDO, I'd target the $355,000 to $394,000 range. Against 7 similar active listings in 2020 CONGRESS CONDO, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 4 of 5 comparable sales didn't include one. With 7 similar homes currently listed in 2020 CONGRESS CONDO (a buyer's market), competition is a factor to consider. Recent trends in 78704 show home values have risen 0.2% since 6 months ago. The most comparable recent sale is 500 E Riverside DR # 133, Austin TX 78704, with an adjusted value of $480,598; with a smaller floor plan and no pool. 5 comparable transactions in 2020 CONGRESS CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group