4801 S Congress Ave # R4, Austin TX 78745

The market data from 3 similar recent sales in BEL AIR CONDO points to a value of approximately $401,235. To sell within a reasonable timeframe at fair market value, the $499,000 to $504,000 range is where I'd position this. Against 3 similar active listings in BEL AIR CONDO, this price point lands at the most affordable of 3 comparable homes on the market. The 2008 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in BEL AIR CONDO; a buyer's market based on recent absorption. In 78745, home values have fallen approximately 5.8% over the past 6 months. One of the strongest data points is 4801 S Congress Ave # L4, Austin TX 78745, adjusting to $330,000; a strong comparable. The 3 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