501 West Ave # 3703, Austin TX 78701

The comparable sales data (3 recent transactions in 78701) supports an estimated value of $3,267,012. The data suggests a list price between $2,544,000 and $2,554,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 3 active listings in 78701. At 339 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2018 (6 years newer than comps) is factored into the value estimate. With 3 similar homes currently listed in 78701 (a buyer's market), competition is a factor to consider. Prices in 78701 have fallen 16% over the last 6 months. A similar home at 200 Congress Ave # 48Y, Austin TX 78701 carries an adjusted comparable value of $3,743,270, providing a strong data point. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus