1801 Lavaca ST # 15G, Austin TX 78701

After reviewing 7 recent transactions in CAMBRIDGE CONDOS, I estimate this property's value at $889,791. A competitive list price for this home right now would fall in the $702,000 to $712,000 range. This home's position in the current CAMBRIDGE CONDOS market: the 4th most expensive of 7 comparable homes on the market among comparable properties. The 110 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.01 acres versus the area average of 0.04) contributes to the valuation. 7 similar homes are currently available in CAMBRIDGE CONDOS, creating a buyer's market for this price range. Prices in 78701 have fallen 24.1% over the last 6 months. A similar home at 1801 Lavaca ST # 9J, Austin TX 78701 carries an adjusted comparable value of $1,049,475, providing a strong data point. With 7 comparable sales in CAMBRIDGE CONDOS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group