6501 E Hill DR # 116, Austin TX 78731

The estimated value of this property is $211,765, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $295,000 and $303,000. Against 7 similar active listings in IMPERIAL CONDO, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Being 188 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 7 comparable homes in IMPERIAL CONDO; a buyer's market based on recent absorption. Recent trends in 78731 show home values have fallen 15.3% since 6 months ago. The most comparable recent sale is 3431 North Hills DR # 119, Austin TX 78731, with an adjusted value of $193,376; with a smaller floor plan. Based on 3 relevant data points in IMPERIAL 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