3114 S Congress Ave # 305, Austin TX 78704

The market data from 5 similar recent sales in DAWSON points to a value of approximately $486,248. To sell within a reasonable timeframe at fair market value, the $565,000 to $613,000 range is where I'd position this. With 7 comparable homes on the market in DAWSON, this price positions the property as the most affordable of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.07 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in DAWSON, listed between $460,000 and $699,000. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 2606 Wilson ST # 1004, Austin TX 78704, adjusting to $356,695; a strong comparable. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group