2301 S 5th ST # 10, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $1,000,354. For a well positioned listing in SOUTH, I'd target the $1,177,000 to $1,209,000 range. With 3 comparable homes on the market in SOUTH, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 0.04 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in SOUTH, ranging from $799,000 to $1,250,000. Recent trends in SOUTH show home values have fallen 11.8% since 6 months ago. The most comparable recent sale is 2301 S 5th ST # 6, Austin TX 78704, with an adjusted value of $912,375; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group