7701 Rialto BLVD # 117, Austin TX 78735

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $339,095. Pricing this home between $289,000 and $299,000 would put it in the competitive sweet spot for 78735. Relative to what's currently available in 78735, this home would be the most expensive of 3 comparable homes on the market. The smaller floor plan (155 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.00 acres versus the area average of 0.46) contributes to the valuation. Current inventory shows 3 comparable homes in 78735; a buyer's market based on recent absorption. 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 comp data here (3 sales in 78735) 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