1801 Lavaca ST # 8M, Austin TX 78701

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $446,880. I'd recommend coming to market at $285,000 to $295,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in CAMBRIDGE CONDO. At 500 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1964, this home is 9 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in CAMBRIDGE CONDO, listed between $269,900 and $479,000. The trend in 78701 shows prices have fallen 24.1% in the past 6 months. 1800 Lavaca ST # A507, Austin TX 78701 nearby adjusts to $275,162; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group