4802 S Congress Ave # 223, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $274,413. For a well positioned listing in BEND CONDOMINIUMS, I'd target the $202,000 to $212,000 range. With 7 comparable homes on the market in BEND CONDOMINIUMS, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 2020 construction puts this home 33 years newer than the comp average, a factor in the pricing. At 0.04 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in BEND CONDOMINIUMS; a buyer's market based on recent absorption. Recent trends in 78745 show home values have fallen 1.3% since 6 months ago. The most comparable recent sale is 6000 S Congress Ave # 124, Austin TX 78745, with an adjusted value of $227,997; a strong comparable. 7 comparable transactions in BEND CONDOMINIUMS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group