2505 S 5th ST # B, Austin TX 78704

Taking into account 5 nearby comparable sales, this property's estimated value comes to $1,058,634. If we were to list this property today, I'd recommend a list price in the $848,000 to $858,000 range. Relative to what's currently available in LA PERLA, this home would be the most expensive of 3 comparable homes on the market. Being 158 sqft smaller than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.20 acres versus 0.17 for the typical comp. The active market in LA PERLA includes 3 comparable homes priced from $785,000 to $1,324,500. The 6 month price trend in LA PERLA: fallen 9.3%. The best comp here is 2707 La Mesa DR, Austin TX 78704 at an adjusted value of $1,166,467, a strong comparable. This estimate draws on 5 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