6814 E Riverside DR # 54, Austin TX 78741

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $358,875. Pricing this home between $376,000 and $384,000 would put it in the competitive sweet spot for PARK EAST CONDOMINIUMS. This home's position in the current PARK EAST CONDOMINIUMS market: the most expensive of 3 comparable homes on the market among comparable properties. This home's smaller footprint (154 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.04 acres versus the area average of 0.12) contributes to the valuation. 3 similar homes are currently available in PARK EAST CONDOMINIUMS, creating a buyer's market for this price range. Market data shows 78741 prices fallen 10.8% over the last half year. The closest comparable sale, 2000 Hermia ST, Austin TX 78741 at an adjusted $414,343, is a strong comparable. The comp data here (7 sales in PARK EAST CONDOMINIUMS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus