410 E 5th ST # 307, Austin TX 78701

The estimated value of this property is $622,562, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $530,000 and $540,000. With 7 comparable homes on the market in AVENUE LOFTS CONDO, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Built in 1999, this home is 8 years older than the average comp, which is reflected in the adjustments. The active market in AVENUE LOFTS CONDO includes 7 comparable homes priced from $585,000 to $1,300,000. Recent trends in 78701 show home values have fallen 24.1% since 6 months ago. The most comparable recent sale is 603 Davis ST # 1901, Austin TX 78701, with an adjusted value of $574,379; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group