6000 S Congress Ave # 135, Austin TX 78745

The market data from 7 similar recent sales in 78745 points to a value of approximately $240,948. To sell within a reasonable timeframe at fair market value, the $149,000 to $159,000 range is where I'd position this. With 7 comparable homes on the market in 78745, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 771 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.02 acres, the lot is smaller than the 0.10 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78745 (a buyer's market), competition is a factor to consider. In 78745, home values have risen approximately 2% over the past 6 months. One of the strongest data points is 604 N Bluff DR # 214, Austin TX 78745, adjusting to $171,598; with a larger floor plan. The 7 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