4315 S Congress Ave # 506, Austin TX 78745

Based on 7 closed sales in CONGRESS LOFTS ST ELMO, the data points to a value around $201,023 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $227,000 to $235,000. This would position the home competitively among 6 active listings in CONGRESS LOFTS ST ELMO. Being 231 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 2024 (17 years newer than comps) is factored into the value estimate. 6 similar homes are currently available in CONGRESS LOFTS ST ELMO, creating a buyer's market for this price range. Market data shows 78745 prices fallen 1.1% over the last half year. The closest comparable sale, 4315 S Congress Ave # 422, Austin TX 78745 at an adjusted $159,610, 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