1801 Lavaca ST # 8J, Austin TX 78701

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $877,106. Pricing this home between $692,000 and $702,000 would put it in the competitive sweet spot for CAMBRIDGE CONDO. This home's position in the current CAMBRIDGE CONDO market: the 4th most expensive of 7 comparable homes on the market among comparable properties. The 120 sqft size difference versus comparable sales is reflected in the adjusted values. At 12 years older than typical comps, the 1964 build date influences the valuation. With 7 similar homes currently listed in CAMBRIDGE CONDO (a buyer's market), competition is a factor to consider. Market data shows 78701 prices fallen 24.1% over the last half year. The closest comparable sale, 1801 Lavaca ST # 9J, Austin TX 78701 at an adjusted $1,049,494, is a strong comparable. The comp data here (7 sales in CAMBRIDGE CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus