4801 S Congress Ave # L1, Austin TX 78745

My analysis of 7 comparable properties puts this home's estimated value at $480,898. Based on how the local market is moving, a list price between $329,000 and $339,000 would position this home well. Buyers shopping in BEL AIR right now would see this as a well positioned option among 7 comparable homes. The larger lot (3.96 acres versus the area average of 0.07) contributes to the valuation. With 7 similar homes currently listed in BEL AIR (a buyer's market), competition is a factor to consider. The 6 month price trend in 78745: risen 2.9%. The best comp here is 3405 Charlotte Rose DR, Austin TX 78704 at an adjusted value of $487,709, a strong comparable. With 7 comparable sales in BEL AIR, 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