4361 S Congress Ave # 511, Austin TX 78745

My analysis of 7 comparable properties puts this home's estimated value at $380,143. Based on how the local market is moving, a list price between $321,000 and $331,000 would position this home well. This pricing would rank the home as the most expensive of 3 comparable homes on the market in 78745's current inventory. At 32 years newer than typical comps, the 2016 build date influences the valuation. The smaller lot (0.01 acres versus the area average of 0.16) contributes to the valuation. With 3 similar homes currently listed in 78745 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78745: fallen 2.1%. The best comp here is 1206 Marcy ST, Austin TX 78745 at an adjusted value of $397,095, a strong comparable. With 7 comparable sales in 78745, 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