555 E 5th # 519, Austin TX 78701

Reviewing the most recent comparable transactions, this home's market value falls around $810,751. For a well positioned listing in FIVE FIFTY CONDO, I'd target the $668,000 to $678,000 range. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in FIVE FIFTY CONDO. The 2004 construction puts this home 5 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in FIVE FIFTY CONDO, ranging from $600,000 to $998,000. Recent trends in 78701 show home values have fallen 24.1% since 6 months ago. The most comparable recent sale is 200 Congress Ave # 27A, Austin TX 78701, with an adjusted value of $1,272,021; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group