4315 S Congress Ave # 302, Austin TX 78745

This home was listed at $299,250 and was on the market for 93 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $243,706. Here are some factors that may have played a role: At $409/sqft, the asking price appears to have been significantly above the neighborhood average of $310/sqft. That gap that can deter buyer interest. After 93 days on market, buyer interest typically drops, and listings can become "stale" in buyer perception. At $409/sqft, the asking price was 32% above the area median, though there may have been upgrades or features not captured in the data. At 0.01 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group