501 West Ave # 3303, Austin TX 78701

My analysis of 3 comparable properties puts this home's estimated value at $3,264,961. Based on how the local market is moving, a list price between $2,545,000 and $2,555,000 would position this home well. This pricing would rank the home as the most expensive of 3 comparable homes on the market in FIFTH & WEST RESIDENCES's current inventory. Being 339 sqft larger than the average comparable sale in this area impacts the per square foot value. At 6 years newer than typical comps, the 2018 build date influences the valuation. Right now, 3 similar properties are competing for buyers in FIFTH & WEST RESIDENCES, listed between $2,650,000 and $3,995,000. The 6 month price trend in 78701: fallen 26.9%. The best comp here is 200 Congress Ave # 48Y, Austin TX 78701 at an adjusted value of $3,742,280, with a smaller floor plan. The comp data here (3 sales in FIFTH & WEST RESIDENCES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus