2020 S Congress Ave # 1222, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $258,549. I'd recommend coming to market at $158,000 to $168,000 to strike the right balance between value and market velocity. In the current 2020 CONGRESS CONDO market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. At 196 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1964, this home is 21 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in 2020 CONGRESS CONDO (a buyer's market), competition is a factor to consider. The trend in 78704 shows prices have fallen 1% in the past 6 months. 2020 S Congress Ave # 2213, Austin TX 78704 nearby adjusts to $230,915; with a larger floor plan. Based on 7 relevant data points in 2020 CONGRESS CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX