410 E 5th ST # 201, Austin TX 78701

The market data from 7 similar recent sales in AVENUE LOFTS CONDO points to a value of approximately $918,350. To sell within a reasonable timeframe at fair market value, the $499,000 to $509,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in AVENUE LOFTS CONDO. The 115 sqft size difference versus comparable sales is reflected in the adjusted values. 7 similar homes are currently available in AVENUE LOFTS CONDO, creating a buyer's market for this price range. In 78701, home values have fallen approximately 13.8% over the past 6 months. One of the strongest data points is 800 W. 5th ST # 809, Austin TX 78703, adjusting to $630,260; a strong comparable. The 7 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