555 E 5th ST # 2812, Austin TX 78701

The comparable sales data (4 recent transactions in FIVE FIFTY CONDO) supports an estimated value of $3,335,683. The data suggests a list price between $2,561,000 and $2,571,000 would attract qualified buyers without leaving money on the table. This home's position in the current FIVE FIFTY CONDO market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 251 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2004 (7 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in FIVE FIFTY CONDO, listed between $2,650,000 and $5,850,000. Prices in 78701 have fallen 24.1% over the last 6 months. A similar home at 210 Lavaca ST # 3603, Austin TX 78701 carries an adjusted comparable value of $3,755,555, 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