555 E 5th ST # 3021, Austin TX 78701

The comparable sales data (4 recent transactions in FIVE FIFTY CONDO) supports an estimated value of $2,697,818. The data suggests a list price between $2,327,000 and $2,337,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in FIVE FIFTY CONDO, this home would be the 2nd most expensive of 3 comparable homes on the market. Being 269 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 2004 (7 years older than comps) is factored into the value estimate. The active market in FIVE FIFTY CONDO includes 3 comparable homes priced from $2,650,000 to $3,995,000. Prices in 78701 have fallen 24.1% over the last 6 months. A similar home at 70 Rainey ST # 2701, Austin TX 78701 carries an adjusted comparable value of $2,201,230, 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