2308 W Rio Grande ST # 108, Austin TX 78705

My analysis of 4 comparable properties puts this home's estimated value at $216,340. Based on how the local market is moving, a list price between $206,000 and $223,000 would position this home well. This home's position in the current CORNERSTONE CONDO market: the most expensive of 5 comparable homes on the market among comparable properties. Current inventory shows 5 comparable homes in CORNERSTONE CONDO; a buyer's market based on recent absorption. The 6 month price trend in 78705: fallen 19.6%. The best comp here is 912 W 22nd ST # 201, Austin TX 78705 at an adjusted value of $223,105, a strong comparable. With 4 comparable sales in CORNERSTONE 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