410 E 5th ST # 306, Austin TX 78701

The market data from 7 similar recent sales in AVENUE LOFTS CONDO points to a value of approximately $742,291. To sell within a reasonable timeframe at fair market value, the $512,000 to $522,000 range is where I'd position this. In the current AVENUE LOFTS CONDO market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The 1999 construction puts this home 6 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in AVENUE LOFTS CONDO; a buyer's market based on recent absorption. In 78701, home values have fallen approximately 24.1% over the past 6 months. One of the strongest data points is 800 W. 5th ST # 809, Austin TX 78703, adjusting to $596,658; 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