1808 Rio Grande ST # 1, Austin TX 78701

The comparable sales data (7 recent transactions in GABLES CONDO) supports an estimated value of $527,289. The data suggests a list price between $279,000 and $289,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in GABLES CONDO, this home would be the 3rd most expensive of 7 comparable homes on the market. The 242 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1982 (9 years older than comps) is factored into the value estimate. There are currently 7 similar homes on the market in GABLES CONDO, ranging from $265,000 to $684,999. Prices in 78701 have fallen 22.5% over the last 6 months. A similar home at 1201 Castle Hill ST # 105, Austin TX 78703 carries an adjusted comparable value of $543,519, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in GABLES CONDO. 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