4315 S Congress Ave # 318, Austin TX 78745

Based on 7 closed sales in CONGRESS LOFTS ST. ELMO, the data points to a value around $222,949 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $165,000 to $175,000. This would position the home competitively among 3 active listings in CONGRESS LOFTS ST. ELMO. This home's smaller footprint (145 sqft vs the comp average) plays a role in how the market prices it. Being built in 2023 (26 years newer than comps) is factored into the value estimate. With 3 similar homes currently listed in CONGRESS LOFTS ST. ELMO (a buyer's market), competition is a factor to consider. Market data shows 78745 prices risen 1.1% over the last half year. The closest comparable sale, 4315 S Congress Ave # 308, Austin TX 78745 at an adjusted $153,600, 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