1608 W 8th ST # A, Austin TX 78703

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $905,966. Pricing this home between $466,000 and $476,000 would put it in the competitive sweet spot for LAUVE. This would position the home competitively among 7 active listings in LAUVE. The 234 sqft size difference versus comparable sales is reflected in the adjusted values. At 34 years older than typical comps, the 1925 build date influences the valuation. Current inventory shows 7 comparable homes in LAUVE; a buyer's market based on recent absorption. Market data shows 78703 prices fallen 8.5% over the last half year. The closest comparable sale, 1101 Shoal Creek BLVD # 2, Austin TX 78701 at an adjusted $490,427, is a strong comparable. With 7 comparable sales in LAUVE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group