The market data from 7 similar recent sales in GRANDVIEW PLACE points to a value of approximately $1,181,328. To sell within a reasonable timeframe at fair market value, the $1,300,000 to $1,325,000 range is where I'd position this. With 6 comparable homes on the market in GRANDVIEW PLACE, this price positions the property as the 3rd most expensive of 6 comparable homes on the market. Right now, 6 similar properties are competing for buyers in GRANDVIEW PLACE, listed between $929,000 and $1,350,000. In GRANDVIEW PLACE, home values have fallen approximately 2.4% over the past 6 months. One of the strongest data points is 2401 E 11th ST, Austin TX 78702, adjusting to $1,324,601; 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