1801 Lavaca ST # 8G, Austin TX 78701

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $637,959. I'd recommend coming to market at $429,000 to $439,000 to strike the right balance between value and market velocity. In the current CAMBRIDGE CONDO market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. This home's smaller footprint (130 sqft vs the comp average) plays a role in how the market prices it. Built in 1964, this home is 8 years newer than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in CAMBRIDGE CONDO, ranging from $374,000 to $635,000. 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 $617,141; 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