2811 Rio Grande ST # 203, Austin TX 78705

Reviewing the most recent comparable transactions, this home's market value falls around $290,007. For a well positioned listing in ST JAMES CONDO, I'd target the $326,000 to $330,000 range. In the current ST JAMES CONDO market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 0.02 acres, the lot is smaller than the 0.06 acre comp average, which factors into pricing. The active market in ST JAMES CONDO includes 7 comparable homes priced from $295,000 to $344,900. Recent trends in 78705 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 2401 NW Leon ST # 110, Austin TX 78705, with an adjusted value of $246,134; a strong comparable. 7 comparable transactions in ST JAMES CONDO 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