555 E 5th ST # 2803, Austin TX 78701

Reviewing the most recent comparable transactions, this home's market value falls around $1,268,329. For a well positioned listing in FIVE FIFTY CONDO, I'd target the $601,000 to $611,000 range. With 5 comparable homes on the market in FIVE FIFTY CONDO, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. At 201 sqft larger than the typical comp, the size difference factors into the valuation. The 2004 construction puts this home 8 years older than the comp average, a factor in the pricing. 5 similar homes are currently available in FIVE FIFTY CONDO, creating a buyer's market for this price range. Recent trends in 78701 show home values have fallen 24.1% since 6 months ago. The most comparable recent sale is 210 Lavaca ST # 2312, Austin TX 78701, with an adjusted value of $1,685,123; a strong comparable. 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