555 E 5th ST # 803, Austin TX 78701

The market data from 4 similar recent sales in FIVE FIFTY CONDO points to a value of approximately $594,093. To sell within a reasonable timeframe at fair market value, the $412,000 to $422,000 range is where I'd position this. Against 7 similar active listings in FIVE FIFTY CONDO, this price point lands at the 2nd most 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. In 78701, home values have fallen approximately 24.1% over the past 6 months. One of the strongest data points is 54 Rainey ST # 1017, Austin TX 78701, adjusting to $365,403; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group