5924 S Congress Ave, Austin TX 78745

My analysis of 3 comparable properties puts this home's estimated value at $354,377. Based on how the local market is moving, a list price between $438,000 and $451,000 would position this home well. Relative to what's currently available in SETTLER CONDOMINIUMS, this home would be the 3rd least expensive of 7 comparable homes on the market. At 5 years newer than typical comps, the 2019 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.09) contributes to the valuation. Current inventory shows 7 comparable homes in SETTLER CONDOMINIUMS; a buyer's market based on recent absorption. The 6 month price trend in 78745: fallen 5.2%. The best comp here is 604 N Bluff DR # 251, Austin TX 78745 at an adjusted value of $292,376, with a larger floor plan. With 3 comparable sales in SETTLER CONDOMINIUMS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group