410 W. 5th ST # 305, Austin TX 78701

The estimated value of this property is $889,155, based on 6 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $871,000 and $907,000. In the current 78701 market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. Built in 1999, this home is 7 years older than the average comp, which is reflected in the adjustments. The active market in 78701 includes 7 comparable homes priced from $498,500 to $1,450,000. Recent trends in 78701 show home values have risen 34.4% since 6 months ago. The most comparable recent sale is 800 W 5th ST # 703, Austin TX 78703, with an adjusted value of $698,159; a strong comparable. With 6 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