410 E 5th ST, Austin TX 78701

Based on 7 closed sales in AVENUE LOFTS CONDO, the data points to a value around $1,999,644 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $771,000 to $781,000. Buyers shopping in AVENUE LOFTS CONDO right now would see this as a well positioned option among 3 comparable homes. Being 128 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.04 acres versus 0.01 for the typical comp. With 3 similar homes currently listed in AVENUE LOFTS CONDO (a buyer's market), competition is a factor to consider. Market data shows 78701 prices fallen 26.2% over the last half year. The closest comparable sale, 555 E 5th ST # 2906, Austin TX 78701 at an adjusted $1,466,306, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus