1005 E 8th ST, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,391,366. To generate strong buyer interest while maximizing value, I'd price this between $802,000 and $812,000. With 7 comparable homes on the market in 78702, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. Being 145 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1906 construction puts this home 64 years older than the comp average, a factor in the pricing. Buyers in 78702 have 7 comparable options right now, with asking prices between $819,700 and $3,085,000. The trend in 78702 shows prices have fallen 4% in the past 6 months. 1117 W 9th ST, Austin TX 78703 nearby adjusts to $1,594,537; with a larger floor plan. 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