7701 Rialto BLVD # 1217, Austin TX 78735

The market data from 7 similar recent sales in VISTA HILLS CONDO points to a value of approximately $310,750. To sell within a reasonable timeframe at fair market value, the $336,000 to $353,000 range is where I'd position this. With 5 comparable homes on the market in VISTA HILLS CONDO, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. The smaller floor plan (237 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.08 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in VISTA HILLS CONDO; a buyer's market based on recent absorption. In VISTA HILLS CONDO, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 7701 Rialto BLVD # 617, Austin TX 78735, adjusting to $333,550; 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