2529 Rio Grande ST # 36, Austin TX 78705

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $319,969. I'd recommend coming to market at $314,000 to $326,000 to strike the right balance between value and market velocity. Among the similar homes currently available in ORANGE CONDOMINIA, this price point stands out as competitive. Being 117 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1977, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in ORANGE CONDOMINIA; a buyer's market based on recent absorption. 915 W 23rd ST # 203, Austin TX 78705 nearby adjusts to $332,447; a strong comparable. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group