800 W 5th ST # 402, Austin TX 78703

After reviewing 6 recent transactions in TIN CITY LOFTS, I estimate this property's value at $1,641,858. A competitive list price for this home right now would fall in the $1,260,000 to $1,270,000 range. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in TIN CITY LOFTS's current inventory. This home's larger footprint (157 sqft vs the comp average) plays a role in how the market prices it. At 10 years older than typical comps, the 2003 build date influences the valuation. The active market in TIN CITY LOFTS includes 4 comparable homes priced from $1,250,000 to $2,950,000. Prices in TIN CITY LOFTS have risen 12.7% over the last 6 months. A similar home at 800 W 5th ST # 902, Austin TX 78703 carries an adjusted comparable value of $812,000, providing a strong data point. The comp data here (6 sales in TIN CITY LOFTS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus