1801 Lavaca ST # 13A, Austin TX 78701

Reviewing the most recent comparable transactions, this home's market value falls around $618,440. For a well positioned listing in CAMBRIDGE CONDO, I'd target the $427,000 to $437,000 range. Against 7 similar active listings in CAMBRIDGE CONDO, this price point lands at the most expensive of 7 comparable homes on the market. The smaller floor plan (215 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.01 acres, the lot is smaller than the 0.05 acre comp average, which factors into pricing. The active market in CAMBRIDGE CONDO includes 7 comparable homes priced from $374,000 to $635,000. Recent trends in 78701 show home values have fallen 20.5% since 6 months ago. The most comparable recent sale is 1801 Lavaca ST # 5E, Austin TX 78701, with an adjusted value of $592,310; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group