506 W 51st ST # B, Austin TX 78751

Based on 6 closed sales in KOENIG PLACE, the data points to a value around $859,548 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $932,000 to $975,000. This home's position in the current KOENIG PLACE market: the most affordable of 3 comparable homes on the market among comparable properties. The 323 sqft size difference versus comparable sales is reflected in the adjusted values. With 3 similar homes currently listed in KOENIG PLACE (a buyer's market), competition is a factor to consider. Market data shows 78751 prices risen 5.8% over the last half year. The closest comparable sale, 909 E 50th ST, Austin TX 78751 at an adjusted $1,126,333, is with a smaller floor plan and a pool. This estimate draws on 6 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