2529 Rio Grande ST # 48, Austin TX 78705

After reviewing 4 recent transactions in ORANGE CONDOMINIA, I estimate this property's value at $362,274. A competitive list price for this home right now would fall in the $475,000 to $617,000 range. Buyers shopping in ORANGE CONDOMINIA right now would see this as a well positioned option among 7 comparable homes. The 118 sqft size difference versus comparable sales is reflected in the adjusted values. At 6 years older than typical comps, the 1977 build date influences the valuation. Current inventory shows 7 comparable homes in ORANGE CONDOMINIA; a buyer's market based on recent absorption. Prices in 78705 have fallen 18.2% over the last 6 months. A similar home at 2401 Leon ST # 306, Austin TX 78705 carries an adjusted comparable value of $301,382, providing a strong data point. The comp data here (4 sales in ORANGE CONDOMINIA) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus