2529 RIO GRANDE # 98, Austin TX 78705

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $248,827. I'd recommend coming to market at $309,000 to $312,000 to strike the right balance between value and market velocity. Among the similar homes currently available in ORANGE CONDOMINIA AMEND, this price point stands out as competitive. Built in 1977, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.04 acre average) is reflected in the estimate. With 7 similar homes currently listed in ORANGE CONDOMINIA AMEND (a buyer's market), competition is a factor to consider. The trend in 78705 shows prices have fallen 18.2% in the past 6 months. 2110 Rio Grande ST # 207, Austin TX 78705 nearby adjusts to $249,687; a strong comparable. Based on 7 relevant data points in ORANGE CONDOMINIA AMEND, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX