311 W 5th ST # 1205, Austin TX 78701

My analysis of 4 comparable properties puts this home's estimated value at $2,632,167. Based on how the local market is moving, a list price between $3,195,000 and $3,440,000 would position this home well. Relative to what's currently available in PLAZA LOFTS CONDO, this home would be the 2nd most expensive of 3 comparable homes on the market. Being 143 sqft larger than the average comparable sale in this area impacts the per square foot value. 3 similar homes are currently available in PLAZA LOFTS CONDO, creating a buyer's market for this price range. The 6 month price trend in 78701: fallen 14.6%. The best comp here is 200 Congress Ave, Austin TX 78701 at an adjusted value of $3,194,629, with a smaller floor plan. The comp data here (4 sales in PLAZA LOFTS CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus