1801 Lavaca ST # 8E, Austin TX 78701

The estimated value of this property is $536,287, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $419,000 and $429,000. Among the similar homes currently available in CAMBRIDGE CONDO, this price point stands out as competitive. Built in 1964, this home is 14 years older than the average comp, which is reflected in the adjustments. The 0.01 acre lot (smaller than the 0.04 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in CAMBRIDGE CONDO; a buyer's market based on recent absorption. Recent trends in 78701 show home values have fallen 21.3% since 6 months ago. The most comparable recent sale is 1801 Lavaca ST # 5E, Austin TX 78701, with an adjusted value of $581,150; 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