555 E 5th ST # 807, Austin TX 78701

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $677,055. I'd recommend coming to market at $593,000 to $603,000 to strike the right balance between value and market velocity. In the current FIVE FIFTY CONDO market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in FIVE FIFTY CONDO; a buyer's market based on recent absorption. The trend in 78701 shows prices have fallen 24.1% in the past 6 months. 360 Nueces ST # 2105, Austin TX 78701 nearby adjusts to $646,136; a strong comparable. Based on 4 relevant data points in FIVE FIFTY CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX