4802 S Congress Ave # 515, Austin TX 78745

The estimated value of this property is $350,992, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $159,000 and $169,000. With 7 comparable homes on the market in BEND CONDOMINIUMS, this price positions the property as the most expensive of 7 comparable homes on the market. The smaller floor plan (830 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2020, this home is 8 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in BEND CONDOMINIUMS (a buyer's market), competition is a factor to consider. Recent trends in 78745 show home values have risen 1.1% since 6 months ago. The most comparable recent sale is 604 N Bluff DR # 214, Austin TX 78745, with an adjusted value of $218,460; with a larger floor plan. Based on 7 relevant data points in BEND CONDOMINIUMS, 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