410 5 St E # 403, Austin TX 78701

Reviewing the most recent comparable transactions, this home's market value falls around $654,489. For a well positioned listing in 78701, I'd target the $470,000 to $480,000 range. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in 78701. The 1999 construction puts this home 7 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in 78701, ranging from $455,000 to $850,000. Recent trends in 78701 show home values have fallen 19.2% since 6 months ago. The most comparable recent sale is 800 W. 5th ST # 809, Austin TX 78703, with an adjusted value of $490,619; a strong comparable. 7 comparable transactions in 78701 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group