501 West Ave # 706, Austin TX 78701

7 recent sales within a mile of this address suggest a current value of $465,632. My recommended list price range for this property would be $456,000 to $475,000. Against 4 similar active listings in FIFTH & WEST RESIDENCES, this price point lands at the most affordable of 4 comparable homes on the market. The 0.00 acre lot (smaller than the 0.07 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in FIFTH & WEST RESIDENCES; a buyer's market based on recent absorption. In 78701, home values have risen approximately 2.2% over the past 6 months. One of the strongest data points is 48 E East Ave # 3203, Austin TX 78701, adjusting to $470,621; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group