80 Red River ST # 109, Austin TX 78701

My analysis of 7 comparable properties puts this home's estimated value at $1,761,363. Based on how the local market is moving, a list price between $1,180,000 and $1,190,000 would position this home well. Relative to what's currently available in 78701, this home would be the 3rd most expensive of 7 comparable homes on the market. At 8 years older than typical comps, the 1982 build date influences the valuation. With 7 similar homes currently listed in 78701 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78701: fallen 24.1%. The best comp here is 707 San Marcos ST, Austin TX 78701 at an adjusted value of $951,365, a strong comparable. The comp data here (7 sales in 78701) 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