2913 Rio Grande ST, Austin TX 78705

Based on 7 closed sales in HARPERS, the data points to a value around $1,244,686 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $590,000 to $600,000. Relative to what's currently available in HARPERS, this home would be the most expensive of 7 comparable homes on the market. Lot size matters here: 0.12 acres versus 0.15 for the typical comp. Buyers in HARPERS have 7 comparable options right now, with asking prices between $499,900 and $1,395,000. Market data shows 78705 prices fallen 15.7% over the last half year. The closest comparable sale, 807 W 30th ST, Austin TX 78705 at an adjusted $1,433,857, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in HARPERS. 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