4361 S Congress Ave # 425, Austin TX 78745

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $213,761. I'd recommend coming to market at $314,000 to $324,000 to strike the right balance between value and market velocity. Against 6 similar active listings in PUBLIC LOFTS, this price point lands at the most affordable of 6 comparable homes on the market. Built in 2018, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.04 acre average) is reflected in the estimate. Current inventory shows 6 comparable homes in PUBLIC LOFTS; a buyer's market based on recent absorption. The trend in 78745 shows prices have risen 2.2% in the past 6 months. 4510 Terry O LN # 306, Austin TX 78745 nearby adjusts to $279,532; with a pool. Based on 5 relevant data points in PUBLIC LOFTS, 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