800 W 5th ST # 1105, Austin TX 78703

The estimated value of this property is $758,337, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,219,000 and $1,267,000. Against 3 similar active listings in TIN CITY LOFTS, this price point lands at the most affordable of 3 comparable homes on the market. Being 763 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2003, this home is 11 years newer than the average comp, which is reflected in the adjustments. The active market in TIN CITY LOFTS includes 3 comparable homes priced from $1,500,000 to $1,685,000. Recent trends in TIN CITY LOFTS show home values have risen 0% since 6 months ago. The most comparable recent sale is 800 W 5th ST # 808, Austin TX 78703, with an adjusted value of $1,219,061; with a larger floor plan. Based on 7 relevant data points in TIN CITY LOFTS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX