800 W 5th ST # 1201, Austin TX 78703

The comparable sales data (3 recent transactions in TIN CITY LOFTS) supports an estimated value of $2,816,842. The data suggests a list price between $2,437,000 and $2,447,000 would attract qualified buyers without leaving money on the table. This home's position in the current TIN CITY LOFTS market: the 4th most expensive of 7 comparable homes on the market among comparable properties. This home's smaller footprint (208 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 7 comparable homes in TIN CITY LOFTS; a buyer's market based on recent absorption. Prices in TIN CITY LOFTS have risen 0% over the last 6 months. A similar home at 901 W 9th ST # 1002, Austin TX 78703 carries an adjusted comparable value of $2,541,715, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in TIN CITY LOFTS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group