1801 Lavaca ST # 2E, Austin TX 78701

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $634,950. I'd recommend coming to market at $425,000 to $435,000 to strike the right balance between value and market velocity. In the current CAMBRIDGE CONDO market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Built in 1964, this home is 7 years newer than the average comp, which is reflected in the adjustments. The 0.01 acre lot (smaller than the 0.07 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in CAMBRIDGE CONDO, ranging from $374,000 to $635,000. The trend in 78701 shows prices have fallen 22.6% in the past 6 months. 1801 Lavaca ST # 9J, Austin TX 78701 nearby adjusts to $897,810; with a larger floor plan. Based on 7 relevant data points in CAMBRIDGE CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX