2529 Rio Grande ST # 67, Austin TX 78705

My analysis of 4 comparable properties puts this home's estimated value at $321,866. Based on how the local market is moving, a list price between $354,000 and $361,000 would position this home well. This home's position in the current ORANGE CONDOMINIA market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 7 years older than typical comps, the 1977 build date influences the valuation. The smaller lot (0.02 acres versus the area average of 0.06) contributes to the valuation. With 7 similar homes currently listed in ORANGE CONDOMINIA (a buyer's market), competition is a factor to consider. The 6 month price trend in 78705: fallen 4.6%. The best comp here is 915 W 23rd ST # 203, Austin TX 78705 at an adjusted value of $348,902, a strong comparable. 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