500 E Riverside DR # 201, Austin TX 78704

The market data from 7 similar recent sales in RIVERWALK CONDO points to a value of approximately $830,539. To sell within a reasonable timeframe at fair market value, the $519,000 to $529,000 range is where I'd position this. Among the similar homes currently available in RIVERWALK CONDO, this price point stands out as competitive. The 1971 construction puts this home 11 years newer than the comp average, a factor in the pricing. At 0.07 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in RIVERWALK CONDO, listed between $515,000 and $1,700,000. 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 # 264, Austin TX 78704, adjusting to $498,490; 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