4361 S Congress Ave # 537, Austin TX 78745

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $331,491. I'd recommend coming to market at $392,000 to $430,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in PUBLIC CONDOS BLDG, this price positions the property as the most affordable of 3 comparable homes on the market. Built in 2016, this home is 16 years newer than the average comp, which is reflected in the adjustments. The 0.01 acre lot (smaller than the 0.07 acre average) is reflected in the estimate. Right now, 3 similar properties are competing for buyers in PUBLIC CONDOS BLDG, listed between $399,000 and $499,000. The trend in 78745 shows prices have risen 0.8% in the past 6 months. 4361 S Congress Ave # 435, Austin TX 78745 nearby adjusts to $310,000; a strong comparable. Based on 7 relevant data points in PUBLIC CONDOS BLDG, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX