6000 S Congress Ave # 136, Austin TX 78745

The market data from 7 similar recent sales in VILLAGE points to a value of approximately $323,499. To sell within a reasonable timeframe at fair market value, the $213,000 to $223,000 range is where I'd position this. With 7 comparable homes on the market in VILLAGE, this price positions the property as the most expensive of 7 comparable homes on the market. At 510 sqft smaller than the typical comp, the size difference factors into the valuation. The 2008 construction puts this home 28 years newer than the comp average, a factor in the pricing. The active market in VILLAGE includes 7 comparable homes priced from $210,000 to $339,900. In VILLAGE, home values have fallen approximately 9% over the past 6 months. One of the strongest data points is 5924 S Congress Ave # 114S, Austin TX 78745, adjusting to $247,506; 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