1801 Lavaca ST # 2F, Austin TX 78701

The estimated value of this property is $681,664, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $417,000 and $427,000. Against 7 similar active listings in CAMBRIDGE CONDO, this price point lands at the most expensive of 7 comparable homes on the market. This home's smaller footprint (167 sqft vs the comp average) plays a role in how the market prices it. Built in 1964, this home is 9 years newer than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in CAMBRIDGE CONDO, listed between $374,000 and $635,000. Recent trends in 78701 show home values have fallen 23% since 6 months ago. The most comparable recent sale is 1801 Lavaca ST # 5E, Austin TX 78701, with an adjusted value of $578,200; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group