555 E 5th ST # 809, Austin TX 78701

The market data from 7 similar recent sales in 78701 points to a value of approximately $602,211. To sell within a reasonable timeframe at fair market value, the $437,000 to $447,000 range is where I'd position this. Among the similar homes currently available in 78701, this price point stands out as competitive. 7 similar homes are currently available in 78701, creating a buyer's market for this price range. In 78701, home values have fallen approximately 24.1% over the past 6 months. One of the strongest data points is 360 Nueces ST # 3207, Austin TX 78701, adjusting to $518,320; with a smaller floor plan. 7 comparable transactions in 78701 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group