2312 E 9th ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $418,398. For a well positioned listing in GRANDVIEW PLACE, I'd target the $290,000 to $300,000 range. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in GRANDVIEW PLACE. The 1920 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.11 acre comp average, which factors into pricing. 4 similar homes are currently available in GRANDVIEW PLACE, creating a balanced market for this price range. Recent trends in GRANDVIEW PLACE show home values have fallen 2.4% since 6 months ago. The most comparable recent sale is 2000 E 8th ST, Austin TX 78702, with an adjusted value of $530,428; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group