2529 Rio Grande ST # 40, Austin TX 78705

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $287,393. To generate strong buyer interest while maximizing value, I'd price this between $313,000 and $314,000. With 6 comparable homes on the market in ORANGE CONDOMINIA, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. The 1977 construction puts this home 6 years older than the comp average, a factor in the pricing. Right now, 6 similar properties are competing for buyers in ORANGE CONDOMINIA, listed between $249,900 and $339,000. The trend in 78705 shows prices have fallen 17.4% in the past 6 months. 712 W 21st ST # 304, Austin TX 78705 nearby adjusts to $314,373; a strong comparable. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group