800 W 5th ST # 401, Austin TX 78701

The market data from 7 similar recent sales in TIN CITY LOFTS points to a value of approximately $1,134,989. To sell within a reasonable timeframe at fair market value, the $573,000 to $583,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in TIN CITY LOFTS. The 2003 construction puts this home 5 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in TIN CITY LOFTS, ranging from $539,000 to $1,899,000. In TIN CITY LOFTS, home values have risen approximately 0% over the past 6 months. One of the strongest data points is 800 W 5th ST # 902, Austin TX 78703, adjusting to $667,156; 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