7701 Rialto BLVD # 33, Austin TX 78735

Reviewing the most recent comparable transactions, this home's market value falls around $652,383. For a well positioned listing in 78735, I'd target the $811,000 to $845,000 range. Against 3 similar active listings in 78735, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 2018 construction puts this home 11 years newer than the comp average, a factor in the pricing. At 0.11 acres, the lot is smaller than the 0.23 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in 78735; a buyer's market based on recent absorption. Recent trends in 78735 show home values have fallen 14.2% since 6 months ago. The most comparable recent sale is 7905 Floracita LN, Austin TX 78735, with an adjusted value of $669,549; 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