2301 S 5th ST # 8, Austin TX 78704

Taking into account 7 nearby comparable sales, this property's estimated value comes to $922,829. If we were to list this property today, I'd recommend a list price in the $1,010,000 to $1,131,000 range. This would position the home competitively among 3 active listings in SOUTH. Being built in 2009 (5 years newer than comps) is factored into the value estimate. Lot size matters here: 0.04 acres versus 0.12 for the typical comp. There are currently 3 similar homes on the market in SOUTH, ranging from $779,000 to $1,250,000. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 2301 S 5th ST # 36, Austin TX 78704 at an adjusted value of $900,364, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in SOUTH. 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