1311 EXPOSITION BLVD # 5, Austin TX 78703

After reviewing 3 recent transactions in RIVOLI CONDOMINIUMS, I estimate this property's value at $408,081. A competitive list price for this home right now would fall in the $230,000 to $240,000 range. This would position the home competitively among 7 active listings in RIVOLI CONDOMINIUMS. The smaller lot (0.00 acres versus the area average of 0.20) contributes to the valuation. Current inventory shows 7 comparable homes in RIVOLI CONDOMINIUMS; a buyer's market based on recent absorption. Prices in 78703 have fallen 9.3% over the last 6 months. A similar home at 1208 Enfield RD # 206, Austin TX 78703 carries an adjusted comparable value of $334,339, providing a strong data point. With 3 comparable sales in RIVOLI CONDOMINIUMS, 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