1019 E Riverside DR # 4, Austin TX 78704

Based on 7 closed sales in 78704, the data points to a value around $624,325 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $345,000 to $355,000. This would position the home competitively among 7 active listings in 78704. Lot size matters here: 0.05 acres versus 0.12 for the typical comp. Current inventory shows 7 comparable homes in 78704; a buyer's market based on recent absorption. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 2003 Kenwood Ave, Austin TX 78704 at an adjusted $872,585, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78704. 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