4315 S Congress Ave # 308, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $185,503. For a well positioned listing in CONGRESS LOFTS ST. ELMO, I'd target the $182,000 to $189,000 range. In the current CONGRESS LOFTS ST. ELMO market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. This home's smaller footprint (133 sqft vs the comp average) plays a role in how the market prices it. At 0.01 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in CONGRESS LOFTS ST. ELMO, listed between $151,000 and $299,000. Recent trends in 78745 show home values have fallen 1.8% since 6 months ago. The most comparable recent sale is 4315 S Congress Ave # 318, Austin TX 78745, with an adjusted value of $161,040; a strong comparable. 7 comparable transactions in CONGRESS LOFTS ST. ELMO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group