555 E 5th ST # 2711, Austin TX 78701

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $397,319. To generate strong buyer interest while maximizing value, I'd price this between $476,000 and $503,000. Against 7 similar active listings in FIVE FIFTY CONDO, this price point lands at the most affordable of 7 comparable homes on the market. Being 198 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2004 construction puts this home 15 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in FIVE FIFTY CONDO, listed between $425,000 and $489,000. The trend in 78701 shows prices have fallen 24.1% in the past 6 months. 555 E 5th # 817, Austin TX 78701 nearby adjusts to $361,688; with a pool. 7 comparable transactions in FIVE FIFTY CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group