6000 S Congress Ave # 604, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $409,937. For a well positioned listing in VILLAGE, I'd target the $216,000 to $226,000 range. With 3 comparable homes on the market in VILLAGE, this price positions the property as the most expensive of 3 comparable homes on the market. The 627 sqft size difference versus comparable sales is reflected in the adjusted values. The 2009 construction puts this home 23 years newer than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in VILLAGE; a buyer's market based on recent absorption. Recent trends in VILLAGE show home values have risen 9.1% since 6 months ago. The most comparable recent sale is 5924 S Congress Ave # 114S, Austin TX 78745, with an adjusted value of $271,008; 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