1912 E 9th ST, Austin TX 78702

The market data from 7 similar recent sales in GRANDVIEW PLACE points to a value of approximately $1,141,115. To sell within a reasonable timeframe at fair market value, the $977,000 to $987,000 range is where I'd position this. With 7 comparable homes on the market in GRANDVIEW PLACE, this price positions the property as the 4th most expensive of 7 comparable homes on the market. Being 111 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.07 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in GRANDVIEW PLACE; a balanced market based on recent absorption. In GRANDVIEW PLACE, home values have fallen approximately 19.5% over the past 6 months. One of the strongest data points is 2401 E 11th ST, Austin TX 78702, adjusting to $1,272,664; a strong comparable. 7 comparable transactions in GRANDVIEW PLACE 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