2405 E 10th ST, Austin TX 78702

The estimated value of this property is $563,346, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $418,000 and $428,000. Against 7 similar active listings in GRANDVIEW PLACE, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 156 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1947, this home is 31 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in GRANDVIEW PLACE, listed between $429,000 and $725,000. Recent trends in GRANDVIEW PLACE show home values have fallen 19.5% since 6 months ago. The most comparable recent sale is 1904 E 8TH ST, Austin TX 78702, with an adjusted value of $266,975; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group