500 E Riverside DR # 245, Austin TX 78704

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $255,040. Pricing this home between $260,000 and $264,000 would put it in the competitive sweet spot for RIVERWALK CONDOMINIUMS. This would position the home competitively among 3 active listings in RIVERWALK CONDOMINIUMS. The smaller lot (0.03 acres versus the area average of 0.07) contributes to the valuation. There are currently 3 similar homes on the market in RIVERWALK CONDOMINIUMS, ranging from $249,900 to $280,000. Market data shows 78704 prices fallen 4.7% over the last half year. The closest comparable sale, 1500 East Side DR # 219A, Austin TX 78704 at an adjusted $279,344, is a strong comparable. With 3 comparable sales in RIVERWALK CONDOMINIUMS, 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