1801 Lavaca ST # 9F, Austin TX 78701

Based on 7 closed sales in CAMBRIDGE CONDO, the data points to a value around $576,825 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $425,000 to $435,000. Relative to what's currently available in CAMBRIDGE CONDO, this home would be the 2nd most expensive of 7 comparable homes on the market. Lot size matters here: 0.01 acres versus 0.05 for the typical comp. 7 similar homes are currently available in CAMBRIDGE CONDO, creating a buyer's market for this price range. Market data shows 78701 prices fallen 24.1% over the last half year. The closest comparable sale, 1801 Lavaca ST # 5E, Austin TX 78701 at an adjusted $590,000, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in CAMBRIDGE CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group