2009 E 8th ST, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $509,422. To generate strong buyer interest while maximizing value, I'd price this between $435,000 and $445,000. In the current MORSE FRED market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 1933 construction puts this home 34 years older than the comp average, a factor in the pricing. At 0.13 acres, the lot is larger than the 0.09 acre comp average, which factors into pricing. 7 similar homes are currently available in MORSE FRED, creating a buyer's market for this price range. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 2511 E Cesar Chavez ST, Austin TX 78702 nearby adjusts to $631,660; a strong comparable. 7 comparable transactions in MORSE FRED 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