800 W 5th ST # 1208, Austin TX 78703

Reviewing the most recent comparable transactions, this home's market value falls around $1,776,637. For a well positioned listing in TIN CITY LOFTS, I'd target the $1,098,000 to $1,108,000 range. Against 6 similar active listings in TIN CITY LOFTS, this price point lands at the 3rd most expensive of 6 comparable homes on the market. The 2003 construction puts this home 7 years older than the comp average, a factor in the pricing. With 6 similar homes currently listed in TIN CITY LOFTS (a buyer's market), competition is a factor to consider. Recent trends in TIN CITY LOFTS show home values have risen 0% since 6 months ago. The most comparable recent sale is 360 Nueces ST # 4305, Austin TX 78701, with an adjusted value of $1,731,145; with a smaller floor plan. The 4 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