410 E 5th ST # 203, Austin TX 78701

Reviewing the most recent comparable transactions, this home's market value falls around $457,707. For a well positioned listing in AVENUE LOFTS CONDO, I'd target the $471,000 to $496,000 range. Against 7 similar active listings in AVENUE LOFTS CONDO, this price point lands at the 4th most expensive of 7 comparable homes on the market. The 1999 construction puts this home 8 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in AVENUE LOFTS CONDO, listed between $425,000 and $899,000. Recent trends in 78701 show home values have fallen 24.1% since 6 months ago. The most comparable recent sale is 360 Nueces ST # 1118, Austin TX 78701, with an adjusted value of $441,759; 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