2529 Rio Grande ST # 71, Austin TX 78705

Based on 5 closed sales in ORANGE CONDOMINIA, the data points to a value around $325,263 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $316,000 to $335,000. Relative to what's currently available in ORANGE CONDOMINIA, this home would be the most affordable of 3 comparable homes on the market. At 143 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1977 (5 years older than comps) is factored into the value estimate. There are currently 3 similar homes on the market in ORANGE CONDOMINIA, ranging from $349,000 to $375,000. Market data shows 78705 prices fallen 13.6% over the last half year. The closest comparable sale, 807 W 25th ST # 307, Austin TX 78705 at an adjusted $334,874, is with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in ORANGE CONDOMINIA. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group