2403 E 10th ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $491,349. For a well positioned listing in GRANDVIEW PLACE, I'd target the $544,000 to $553,000 range. 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 smaller footprint (234 sqft vs the comp average) plays a role in how the market prices it. The 1967 construction puts this home 11 years older than the comp average, a factor in the pricing. 7 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 $618,262; a strong comparable. The 7 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