2804 S 5th ST # B, Austin TX 78704

My analysis of 4 comparable properties puts this home's estimated value at $516,530. Based on how the local market is moving, a list price between $660,000 and $682,000 would position this home well. This home's position in the current DENIZEN CONDOMINIUMS market: the most affordable of 5 comparable homes on the market among comparable properties. The larger floor plan (242 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.00 acres versus the area average of 0.08) contributes to the valuation. The active market in DENIZEN CONDOMINIUMS includes 5 comparable homes priced from $549,000 to $895,000. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 2606 Wilson ST # 1004, Austin TX 78704 at an adjusted value of $417,745, with a smaller floor plan. With 4 comparable sales in DENIZEN CONDOMINIUMS, 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