2709 E 5th ST # 2101, Austin TX 78702

The estimated value of this property is $303,224, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $211,000 and $221,000. Against 6 similar active listings in 58EAS, this price point lands at the 3rd most expensive of 6 comparable homes on the market. At 109 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2020, this home is 9 years newer than the average comp, which is reflected in the adjustments. Right now, 6 similar properties are competing for buyers in 58EAS, listed between $208,000 and $575,000. Recent trends in 78702 show home values have fallen 6.6% since 6 months ago. The most comparable recent sale is 1800 E 4th ST # 207, Austin TX 78702, with an adjusted value of $303,018; a strong comparable. Based on 3 relevant data points in 58EAS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX