500 E Riverside DR # 171, Austin TX 78704

The market data from 7 similar recent sales in RIVERWALK CONDOMINIUMS points to a value of approximately $304,585. To sell within a reasonable timeframe at fair market value, the $362,000 to $369,000 range is where I'd position this. With 0 comparable homes on the market in RIVERWALK CONDOMINIUMS, this price positions the property as no active comparable homes on the market. The 454 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.02 acres, the lot is smaller than the 0.08 acre comp average, which factors into pricing. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 500 E Riverside DR # 133, Austin TX 78704, adjusting to $368,846; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group