2403 E 11th ST, Austin TX 78702

The market data from 7 similar recent sales in GRANDVIEW PLACE points to a value of approximately $571,966. To sell within a reasonable timeframe at fair market value, the $310,000 to $320,000 range is where I'd position this. Against 6 similar active listings in GRANDVIEW PLACE, this price point lands at the most expensive of 6 comparable homes on the market. This home's smaller footprint (519 sqft vs the comp average) plays a role in how the market prices it. The 1936 construction puts this home 20 years older than the comp average, a factor in the pricing. The active market in GRANDVIEW PLACE includes 6 comparable homes priced from $275,000 to $899,000. In GRANDVIEW PLACE, home values have fallen approximately 9.1% over the past 6 months. One of the strongest data points is 2405 E 10th ST, Austin TX 78702, adjusting to $354,800; with a larger floor plan. 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