3110 Red River ST # D311, Austin TX 78705

After reviewing 4 recent transactions in STERLING CREST CONDOS BLDG, I estimate this property's value at $246,925. A competitive list price for this home right now would fall in the $244,000 to $255,000 range. This home's position in the current STERLING CREST CONDOS BLDG market: the most expensive of 5 comparable homes on the market among comparable properties. The smaller lot (0.02 acres versus the area average of 0.05) contributes to the valuation. The active market in STERLING CREST CONDOS BLDG includes 5 comparable homes priced from $225,000 to $254,900. Prices in 78705 have fallen 20.2% over the last 6 months. A similar home at 710 E Dean Keeton ST # 210, Austin TX 78705 carries an adjusted comparable value of $244,218, providing a strong data point. With 4 comparable sales in STERLING CREST CONDOS BLDG, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group