311 W 5th ST # 808, Austin TX 78701

7 recent sales within half a mile of this address suggest a current value of $632,412. My recommended list price range for this property would be $527,000 to $537,000. In the current PLAZA LOFTS CONDO market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Built in 2002, this home is 5 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in PLAZA LOFTS CONDO, creating a buyer's market for this price range. In 78701, home values have fallen approximately 24.1% over the past 6 months. One of the strongest data points is 360 Nueces ST # 2105, Austin TX 78701, adjusting to $682,991; a strong comparable. Based on 7 relevant data points in PLAZA LOFTS CONDO, 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