80 Red River St 308 # 308, Austin TX 78701

The comparable sales data (7 recent transactions in 78701) supports an estimated value of $464,105. The data suggests a list price between $322,000 and $332,000 would attract qualified buyers without leaving money on the table. This home's position in the current 78701 market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Being built in 1982 (34 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in 78701; a buyer's market based on recent absorption. Prices in 78701 have fallen 5.8% over the last 6 months. A similar home at 48 East Ave # 1207, Austin TX 78701 carries an adjusted comparable value of $455,478, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 78701. 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