7701 Rialto # 626, Austin TX 78735

The market data from 7 similar recent sales in 78735 points to a value of approximately $372,413. To sell within a reasonable timeframe at fair market value, the $307,000 to $317,000 range is where I'd position this. Against 7 similar active listings in 78735, this price point lands at the most expensive of 7 comparable homes on the market. Being 119 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.09 acres, the lot is smaller than the 0.33 acre comp average, which factors into pricing. 7 similar homes are currently available in 78735, creating a buyer's market for this price range. In 78735, home values have fallen approximately 13.9% over the past 6 months. One of the strongest data points is 7701 Rialto BLVD # 1322, Austin TX 78735, adjusting to $322,910; a strong comparable. The 7 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