500 E Riverside DR # 224, Austin TX 78704

7 recent sales within a mile of this address suggest a current value of $907,951. My recommended list price range for this property would be $517,000 to $527,000. In the current RIVERWALK CONDO market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. Built in 1971, this home is 21 years newer than the average comp, which is reflected in the adjustments. The 0.07 acre lot (smaller than the 0.15 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in RIVERWALK CONDO; a buyer's market based on recent absorption. In 78704, home values have fallen approximately 2.8% over the past 6 months. One of the strongest data points is 500 E Riverside DR # 264, Austin TX 78704, adjusting to $487,206; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group