500 E Riverside DR # 262, Austin TX 78704

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $382,830. I'd recommend coming to market at $460,000 to $487,000 to strike the right balance between value and market velocity. Against 3 similar active listings in RIVERWALK CONDO, this price point lands at the most expensive of 3 comparable homes on the market. The 112 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.07 acre lot (smaller than the 0.11 acre average) is reflected in the estimate. There are currently 3 similar homes on the market in RIVERWALK CONDO, ranging from $389,000 to $529,900. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 500 E Riverside DR # 224, Austin TX 78704 nearby adjusts to $525,000; a strong comparable. Based on 7 relevant data points in RIVERWALK CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX