1311 Exposition BLVD # 2, Austin TX 78703

After reviewing 7 recent transactions in RIVOLI CONDO, I estimate this property's value at $331,882. A competitive list price for this home right now would fall in the $230,000 to $240,000 range. Buyers shopping in RIVOLI CONDO right now would see this as a well positioned option among 7 comparable homes. The smaller lot (0.04 acres versus the area average of 0.10) contributes to the valuation. With 7 similar homes currently listed in RIVOLI CONDO (a buyer's market), competition is a factor to consider. Prices in 78703 have fallen 9.3% over the last 6 months. A similar home at 1311 Exposition BLVD # 12, Austin TX 78703 carries an adjusted comparable value of $275,000, providing a strong data point. With 7 comparable sales in RIVOLI CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group