6501 E Hill DR # 111, Austin TX 78731

My analysis of 6 comparable properties puts this home's estimated value at $237,528. Based on how the local market is moving, a list price between $159,000 and $169,000 would position this home well. Relative to what's currently available in IMPERIAL CONDO, this home would be the 3rd least expensive of 7 comparable homes on the market. At 5 years older than typical comps, the 1968 build date influences the valuation. Current inventory shows 7 comparable homes in IMPERIAL CONDO; a buyer's market based on recent absorption. The 6 month price trend in 78731: fallen 15.3%. The best comp here is 3431 North Hills DR # 119, Austin TX 78731 at an adjusted value of $184,311, a strong comparable. With 6 comparable sales in IMPERIAL CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group