1801 Lavaca ST # 8A, Austin TX 78701

The market data from 7 similar recent sales in CAMBRIDGE CONDO points to a value of approximately $595,202. To sell within a reasonable timeframe at fair market value, the $430,000 to $440,000 range is where I'd position this. With 7 comparable homes on the market in CAMBRIDGE CONDO, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 1964 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 0.01 acres, the lot is smaller than the 0.06 acre comp average, which factors into pricing. The active market in CAMBRIDGE CONDO includes 7 comparable homes priced from $374,000 to $635,000. 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 $601,097; 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