2020 S Congress Ave # 1202, Austin TX 78704

The estimated value of this property is $222,200, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $156,000 and $166,000. In the current 2020 CONGRESS CONDO market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The smaller floor plan (190 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1964, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in 2020 CONGRESS CONDO; a buyer's market based on recent absorption. Recent trends in 78704 show home values have fallen 1.2% since 6 months ago. The most comparable recent sale is 2020 S Congress Ave # 2213, Austin TX 78704, with an adjusted value of $225,615; 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