1801 Lavaca ST # 5L, Austin TX 78701

The comparable sales data (7 recent transactions in CAMBRIDGE CONDO) supports an estimated value of $612,938. The data suggests a list price between $436,000 and $446,000 would attract qualified buyers without leaving money on the table. This home's position in the current CAMBRIDGE CONDO market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. Being built in 1964 (8 years newer than comps) is factored into the value estimate. Lot size matters here: 0.01 acres versus 0.09 for the typical comp. Current inventory shows 7 comparable homes in CAMBRIDGE CONDO; a buyer's market based on recent absorption. Prices in 78701 have fallen 23% over the last 6 months. A similar home at 1801 Lavaca ST # 5E, Austin TX 78701 carries an adjusted comparable value of $612,977, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in CAMBRIDGE CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group