80 Red River ST # 117, Austin TX 78701

Reviewing the most recent comparable transactions, this home's market value falls around $459,895. For a well positioned listing in 78701, I'd target the $572,000 to $627,000 range. With 4 comparable homes on the market in 78701, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. 4 similar homes are currently available in 78701, creating a buyer's market for this price range. Recent trends in 78701 show home values have fallen 22.2% since 6 months ago. The most comparable recent sale is 40 N Interstate Hwy 35, Austin TX 78701, with an adjusted value of $494,440; a strong comparable. 7 comparable transactions in 78701 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group