411 Brazos ST # 211, Austin TX 78701

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,513,184. I'd recommend coming to market at $1,030,000 to $1,040,000 to strike the right balance between value and market velocity. Against 7 similar active listings in BRAZOS LOFTS CONDO, this price point lands at the 3rd least expensive of 7 comparable homes on the market. Built in 1925, this home is 50 years older than the average comp, which is reflected in the adjustments. The 0.03 acre lot (smaller than the 0.07 acre average) is reflected in the estimate. Buyers in BRAZOS LOFTS CONDO have 7 comparable options right now, with asking prices between $1,070,000 and $2,995,000. The trend in 78701 shows prices have fallen 7.1% in the past 6 months. 200 Congress Ave # 11E, Austin TX 78701 nearby adjusts to $1,507,355; a strong comparable. Based on 7 relevant data points in BRAZOS LOFTS CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX