2529 Rio Grande ST # 77, Austin TX 78705

The market data from 7 similar recent sales in ORANGE CONDOMINIUM points to a value of approximately $299,677. To sell within a reasonable timeframe at fair market value, the $320,000 to $326,000 range is where I'd position this. With 7 comparable homes on the market in ORANGE CONDOMINIUM, this price positions the property as the most affordable of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.04 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in ORANGE CONDOMINIUM, ranging from $299,000 to $345,000. In 78705, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 3601 Lawton Ave # 1, Austin TX 78731, adjusting to $319,750; a strong comparable. 7 comparable transactions in ORANGE CONDOMINIUM support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group