2308 RIO GRANDE # 106, Austin TX 78705

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $556,699. To generate strong buyer interest while maximizing value, I'd price this between $644,000 and $670,000. In the current DIVISION market with 0 similar homes available, this price represents no active comparable homes on the market. This home's larger footprint (26,954 sqft vs the comp average) plays a role in how the market prices it. The 1985 construction puts this home 30 years newer than the comp average, a factor in the pricing. The trend in DIVISION shows prices have risen 3.2% in the past 6 months. 1909 E 14th ST, Austin TX 78702 nearby adjusts to $714,194; with a smaller floor plan. 7 comparable transactions in DIVISION support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group