4361 S Congress Ave # 123, Austin TX 78745

The estimated value of this property is $276,496, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $302,000 and $311,000. Against 3 similar active listings in PUBLIC LOFTS, this price point lands at the most affordable of 3 comparable homes on the market. Built in 2017, this home is 24 years newer than the average comp, which is reflected in the adjustments. The 0.97 acre lot (smaller than the 1.14 acre average) is reflected in the estimate. With 3 similar homes currently listed in PUBLIC LOFTS (a buyer's market), competition is a factor to consider. Recent trends in 78745 show home values have risen 1.1% since 6 months ago. The most comparable recent sale is 4361 S Congress Ave # 504, Austin TX 78745, with an adjusted value of $210,000; a strong comparable. Based on 7 relevant data points in PUBLIC LOFTS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX