1911 E 8th ST, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $596,413. To generate strong buyer interest while maximizing value, I'd price this between $751,000 and $779,000. In the current OIL MILL market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. This home's smaller footprint (138 sqft vs the comp average) plays a role in how the market prices it. The 2008 construction puts this home 10 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in OIL MILL, listed between $495,000 and $995,000. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 2001 E 8th ST, Austin TX 78702 nearby adjusts to $619,340; with a larger floor plan. 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