2116 E 8th ST, Austin TX 78702

The estimated value of this property is $675,255, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $478,000 and $488,000. With 4 comparable homes on the market in GRANDVIEW PLACE, this price positions the property as the most expensive of 4 comparable homes on the market. Built in 2009, this home is 38 years newer than the average comp, which is reflected in the adjustments. There are currently 4 similar homes on the market in GRANDVIEW PLACE, ranging from $429,000 to $700,000. Recent trends in GRANDVIEW PLACE show home values have fallen 2.4% since 6 months ago. The most comparable recent sale is 1313 E 13th ST, Austin TX 78702, with an adjusted value of $678,851; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group