500 E Riverside DR # 115, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $294,101. For a well positioned listing in RIVERWALK CONDO, I'd target the $189,000 to $199,000 range. With 5 comparable homes on the market in RIVERWALK CONDO, this price positions the property as the most expensive of 5 comparable homes on the market. At 0.03 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in RIVERWALK CONDO; a buyer's market based on recent absorption. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 500 E Riverside DR # 216, Austin TX 78704, with an adjusted value of $256,020; a strong comparable. 7 comparable transactions in RIVERWALK CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group