3201 S 5th ST # B, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $400,417. To generate strong buyer interest while maximizing value, I'd price this between $388,000 and $412,000. Against 4 similar active listings in 78704, this price point lands at the most affordable of 4 comparable homes on the market. The 1999 construction puts this home 15 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.07 acre comp average, which factors into pricing. With 4 similar homes currently listed in 78704 (a buyer's market), competition is a factor to consider. The trend in 78704 shows prices have risen 0% in the past 6 months. 2725 Dulce LN # 233, Austin TX 78704 nearby adjusts to $371,206; a strong comparable. The 4 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