6501 E Hill DR # 304, Austin TX 78731

The market data from 6 similar recent sales in IMPERIAL CONDO points to a value of approximately $243,058. To sell within a reasonable timeframe at fair market value, the $163,000 to $173,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in IMPERIAL CONDO. The 1968 construction puts this home 5 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in IMPERIAL CONDO, listed between $197,777 and $399,000. In 78731, home values have fallen approximately 18.3% over the past 6 months. One of the strongest data points is 3431 North Hills DR # 119, Austin TX 78731, adjusting to $187,790; a strong comparable. The 6 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