311 W 5th ST # 907, Austin TX 78701

7 recent sales within half a mile of this address suggest a current value of $619,525. My recommended list price range for this property would be $517,000 to $527,000. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in PLAZA LOFTS CONDO. Built in 2002, this home is 5 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in PLAZA LOFTS CONDO, ranging from $499,999 to $925,000. In 78701, home values have fallen approximately 23.9% over the past 6 months. One of the strongest data points is 360 Nueces ST # 2105, Austin TX 78701, adjusting to $668,745; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group