800 W 5th ST # 1109, Austin TX 78703

The estimated value of this property is $1,672,387, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,032,000 and $1,042,000. With 5 comparable homes on the market in TIN CITY LOFTS, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. Built in 2003, this home is 7 years older than the average comp, which is reflected in the adjustments. With 5 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 $1,643,988; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group