1801 Lavaca ST # 5A, Austin TX 78701

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $577,351. I'd recommend coming to market at $427,000 to $437,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in CAMBRIDGE CONDO. The 0.01 acre lot (smaller than the 0.05 acre average) is reflected in the estimate. With 7 similar homes currently listed in CAMBRIDGE CONDO (a buyer's market), competition is a factor to consider. The trend in 78701 shows prices have fallen 24.1% in the past 6 months. 1801 Lavaca ST # 5E, Austin TX 78701 nearby adjusts to $592,289; a strong comparable. Based on 7 relevant data points in CAMBRIDGE CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX