4361 S Congress Ave # 313, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $274,773. For a well positioned listing in PUBLIC LOFTS, I'd target the $200,000 to $210,000 range. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in PUBLIC LOFTS. The 2018 construction puts this home 25 years newer than the comp average, a factor in the pricing. At 0.12 acres, the lot is smaller than the 1.14 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 2.1% since 6 months ago. The most comparable recent sale is 4361 S Congress Ave # 504, Austin TX 78745, with an adjusted value of $195,830; a strong comparable. 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