4361 S Congress Ave # 428, Austin TX 78745

My analysis of 7 comparable properties puts this home's estimated value at $261,751. Based on how the local market is moving, a list price between $290,000 and $299,000 would position this home well. Relative to what's currently available in PUBLIC LOFTS, this home would be the most affordable of 3 comparable homes on the market. At 16 years newer than typical comps, the 2017 build date influences the valuation. The larger lot (0.97 acres versus the area average of 0.90) contributes to the valuation. There are currently 3 similar homes on the market in PUBLIC LOFTS, ranging from $299,900 to $360,000. The 6 month price trend in 78745: risen 1.4%. The best comp here is 4361 S Congress Ave # 504, Austin TX 78745 at an adjusted value of $198,182, a strong comparable. With 7 comparable sales in PUBLIC LOFTS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group