6000 S Congress Ave # 124, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $318,097. For a well positioned listing in VILLAGE, I'd target the $238,000 to $248,000 range. In the current VILLAGE market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 471 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2008 construction puts this home 21 years newer than the comp average, a factor in the pricing. With 3 similar homes currently listed in VILLAGE (a balanced market), competition is a factor to consider. Recent trends in VILLAGE show home values have fallen 9% since 6 months ago. The most comparable recent sale is 5924 S Congress Ave # 114S, Austin TX 78745, with an adjusted value of $245,230; 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