301 E 4TH ST # 355, Austin TX 78701

Based on 7 closed sales in 78701, the data points to a value around $349,686 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $275,000 to $285,000. Buyers shopping in 78701 right now would see this as a well positioned option among 5 comparable homes. The larger floor plan (153 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.00 acres versus 0.05 for the typical comp. 5 similar homes are currently available in 78701, creating a buyer's market for this price range. Market data shows 78701 prices fallen 24.1% over the last half year. The closest comparable sale, 3200 Duval ST # 309, Austin TX 78705 at an adjusted $314,844, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 78701. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group