555 E 5th ST # 2929, Austin TX 78701

The comparable sales data (4 recent transactions in FIVE FIFTY CONDO) supports an estimated value of $3,533,835. The data suggests a list price between $2,492,000 and $2,502,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 7 active listings in FIVE FIFTY CONDO. The 247 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2004 (7 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in FIVE FIFTY CONDO (a buyer's market), competition is a factor to consider. Prices in 78701 have fallen 23.9% over the last 6 months. A similar home at 200 Congress Ave # 48Y, Austin TX 78701 carries an adjusted comparable value of $4,028,805, providing a strong data point. The strength of this estimate comes from 4 directly comparable sales in FIVE FIFTY CONDO. 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