500 E Riverside DR # 161, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $282,981. For a well positioned listing in RIVERWALK CONDO, I'd target the $447,000 to $464,000 range. In the current RIVERWALK CONDO market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 134 sqft size difference versus comparable sales is reflected in the adjusted values. There are currently 7 similar homes on the market in RIVERWALK CONDO, ranging from $279,000 to $525,000. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 1202 Newning Ave # 104, Austin TX 78704, with an adjusted value of $300,775; with a smaller floor plan. The 3 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