555 E 5th ST # 727, Austin TX 78701

The comparable sales data (7 recent transactions in 78701) supports an estimated value of $391,915. The data suggests a list price between $380,000 and $404,000 would attract qualified buyers without leaving money on the table. This home's position in the current 78701 market: the most affordable of 7 comparable homes on the market among comparable properties. 7 similar homes are currently available in 78701, creating a buyer's market for this price range. Prices in 78701 have fallen 20.5% over the last 6 months. A similar home at 360 Nueces ST # 1701, Austin TX 78701 carries an adjusted comparable value of $438,720, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 78701. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group