710 Colorado ST # 5G, Austin TX 78701

The market data from 7 similar recent sales in BROWN BLDG LOFTS CONDO points to a value of approximately $367,920. To sell within a reasonable timeframe at fair market value, the $442,000 to $454,000 range is where I'd position this. In the current BROWN BLDG LOFTS CONDO market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The smaller floor plan (158 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1940 construction puts this home 15 years older than the comp average, a factor in the pricing. The active market in BROWN BLDG LOFTS CONDO includes 7 comparable homes priced from $315,000 to $530,000. In 78701, home values have fallen approximately 18% over the past 6 months. One of the strongest data points is 710 Colorado ST # 4G, Austin TX 78701, adjusting to $338,912; a strong comparable. 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