4361 S Congress Ave # 333, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $593,017. For a well positioned listing in PUBLIC LOFTS, I'd target the $374,000 to $384,000 range. Against 7 similar active listings in PUBLIC LOFTS, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The larger floor plan (248 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.97 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in PUBLIC LOFTS; a buyer's market based on recent absorption. Recent trends in 78745 show home values have risen 1.8% since 6 months ago. The most comparable recent sale is 909 W Johanna ST # A, Austin TX 78704, with an adjusted value of $1,056,115; a strong comparable. 7 comparable transactions in PUBLIC LOFTS 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