2611 S 5th ST # A, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $392,487. For a well positioned listing in 78704, I'd target the $292,000 to $302,000 range. At this price, the property would be the 2nd least expensive of 6 comparable homes on the market comparable homes currently on the market in 78704. Being 159 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.00 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. 6 similar homes are currently available in 78704, creating a buyer's market for this price range. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 2503 S 4th ST, Austin TX 78704, with an adjusted value of $400,649; with a larger floor plan. 4 comparable transactions in 78704 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