4315 S Congress Ave # 532, Austin TX 78745

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $366,584. I'd recommend coming to market at $297,000 to $307,000 to strike the right balance between value and market velocity. Against 7 similar active listings in CONGRESS LOFTS CONDOMINIUMS, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Built in 2023, this home is 6 years newer than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.07 acre average) is reflected in the estimate. With 7 similar homes currently listed in CONGRESS LOFTS CONDOMINIUMS (a buyer's market), competition is a factor to consider. The trend in 78745 shows prices have fallen 8.8% in the past 6 months. 4361 S Congress Ave # 335, Austin TX 78745 nearby adjusts to $290,287; a strong comparable. With 3 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