5924 S Congress Ave, Austin TX 78745

The market data from 3 similar recent sales in SETTLER CONDOMINIUMS points to a value of approximately $186,703. To sell within a reasonable timeframe at fair market value, the $299,000 to $314,000 range is where I'd position this. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in SETTLER CONDOMINIUMS. At 181 sqft smaller than the typical comp, the size difference factors into the valuation. The 2019 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in SETTLER CONDOMINIUMS (a buyer's market), competition is a factor to consider. In 78745, home values have fallen approximately 4.4% over the past 6 months. One of the strongest data points is 604 N Bluff DR # 214, Austin TX 78745, adjusting to $169,400; with a larger floor plan. The 3 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