2301 5TH ST # 32, Austin TX 78704

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $704,666. Pricing this home between $759,000 and $816,000 would put it in the competitive sweet spot for SOUTH TH. Relative to what's currently available in SOUTH TH, this home would be the 2nd most expensive of 7 comparable homes on the market. The smaller lot (0.00 acres versus the area average of 0.09) contributes to the valuation. With 7 similar homes currently listed in SOUTH TH (a buyer's market), competition is a factor to consider. Market data shows 78704 prices fallen 4.9% over the last half year. The closest comparable sale, 1616 Bridgeway DR, Austin TX 78704 at an adjusted $730,104, is a strong comparable. The comp data here (7 sales in SOUTH TH) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus