301 E 4th ST # 340, Austin TX 78701

Based on 7 closed sales in RAILYARD CONDO, the data points to a value around $604,187 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $646,000 to $653,000. This home's position in the current RAILYARD CONDO market: the most affordable of 7 comparable homes on the market among comparable properties. Being built in 1983 (36 years older than comps) is factored into the value estimate. Lot size matters here: 0.01 acres versus 0.07 for the typical comp. With 7 similar homes currently listed in RAILYARD CONDO (a buyer's market), competition is a factor to consider. Market data shows 78701 prices fallen 24.1% over the last half year. The closest comparable sale, 44 East Ave # 2508, Austin TX 78701 at an adjusted $563,076, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in RAILYARD CONDO. 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