1801 Lavaca ST # 15K, Austin TX 78701

The market data from 7 similar recent sales in CAMBRIDGE CONDO points to a value of approximately $685,456. To sell within a reasonable timeframe at fair market value, the $351,000 to $361,000 range is where I'd position this. 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. The 265 sqft size difference versus comparable sales is reflected in the adjusted values. The 1964 construction puts this home 7 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in CAMBRIDGE CONDO, ranging from $374,000 to $1,095,000. In 78701, home values have fallen approximately 24.1% over the past 6 months. One of the strongest data points is 1801 Lavaca ST # 5E, Austin TX 78701, adjusting to $611,075; with a larger floor plan. 7 comparable transactions in CAMBRIDGE CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group