7701 Rialto BLVD # 1112, Austin TX 78735

Based on 3 closed sales in 78735, the data points to a value around $339,095 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $289,000 to $299,000. Buyers shopping in 78735 right now would see this as a well positioned option among 3 comparable homes. At 155 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.00 acres versus 0.46 for the typical comp. There are currently 3 similar homes on the market in 78735, ranging from $299,900 to $325,000. Market data shows 78735 prices fallen 14.2% over the last half year. The closest comparable sale, 7701 Rialto BLVD # 617, Austin TX 78735 at an adjusted $310,869, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in 78735. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group