2301 S 5th ST # 28, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $801,228. To generate strong buyer interest while maximizing value, I'd price this between $859,000 and $1,057,000. In the current SOUTH market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. 3 similar homes are currently available in SOUTH, creating a buyer's market for this price range. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 610 Fletcher ST # A, Austin TX 78704 nearby adjusts to $741,904; a strong comparable. 6 comparable transactions in SOUTH 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