1607 8th ST, Austin TX 78703

The market data from 4 similar recent sales in LAUVE points to a value of approximately $1,932,848. To sell within a reasonable timeframe at fair market value, the $1,894,000 to $1,972,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in LAUVE. The larger floor plan (179 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.20 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. 4 comparable transactions in LAUVE 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