4361 S Congress Ave # 508, Austin TX 78745

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $426,583. To generate strong buyer interest while maximizing value, I'd price this between $295,000 and $305,000. With 7 comparable homes on the market in PUBLIC LOFTS, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 2017 construction puts this home 17 years newer than the comp average, a factor in the pricing. At 0.97 acres, the lot is larger than the 0.10 acre comp average, which factors into pricing. With 7 similar homes currently listed in PUBLIC LOFTS (a buyer's market), competition is a factor to consider. The trend in 78745 shows prices have risen 2% in the past 6 months. 4801 S Congress Ave # H5, Austin TX 78745 nearby adjusts to $433,244; with a larger floor plan. 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