2206 E 8th ST, Austin TX 78702

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $959,779. I'd recommend coming to market at $792,000 to $802,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in GRANDVIEW PLACE, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (228 sqft vs the comp average) plays a role in how the market prices it. Built in 1935, this home is 55 years older than the average comp, which is reflected in the adjustments. The active market in GRANDVIEW PLACE includes 7 comparable homes priced from $725,000 to $1,425,000. The trend in GRANDVIEW PLACE shows prices have fallen 9.7% in the past 6 months. 2412 E 9th ST, Austin TX 78702 nearby adjusts to $1,071,319; a strong comparable. Based on 7 relevant data points in GRANDVIEW PLACE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX