500 E Riverside DR # 227, Austin TX 78704

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $852,607. Pricing this home between $524,000 and $534,000 would put it in the competitive sweet spot for 78704. This would position the home competitively among 7 active listings in 78704. At 11 years newer than typical comps, the 1971 build date influences the valuation. The smaller lot (0.07 acres versus the area average of 0.12) contributes to the valuation. Buyers in 78704 have 7 comparable options right now, with asking prices between $515,000 and $1,700,000. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 500 E Riverside DR # 264, Austin TX 78704 at an adjusted $503,392, is a strong comparable. With 7 comparable sales in 78704, 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