2709 E 5th ST # 2302, Austin TX 78702

My analysis of 7 comparable properties puts this home's estimated value at $549,917. Based on how the local market is moving, a list price between $360,000 and $370,000 would position this home well. This pricing would rank the home as the 0th most expensive of 4 comparable homes on the market in 58EAS's current inventory. This home's smaller footprint (503 sqft vs the comp average) plays a role in how the market prices it. At 31 years newer than typical comps, the 2020 build date influences the valuation. Right now, 4 similar properties are competing for buyers in 58EAS, listed between $369,000 and $495,000. The 6 month price trend in 78702: fallen 6.6%. The best comp here is 511 Allen ST, Austin TX 78702 at an adjusted value of $483,040, a strong comparable. With 7 comparable sales in 58EAS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group