2504 S 5th ST # B, Austin TX 78704

Based on 4 closed sales in 78704, the data points to a value around $747,618 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $649,000 to $659,000. This home's position in the current 78704 market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. The 121 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2008 (8 years older than comps) is factored into the value estimate. Right now, 4 similar properties are competing for buyers in 78704, listed between $599,000 and $895,000. Market data shows 78704 prices fallen 2.3% over the last half year. The closest comparable sale, 506 South Park DR # 1, Austin TX 78704 at an adjusted $721,282, is with a smaller floor plan. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus