2405 E 8th ST, Austin TX 78702

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $399,653. I'd recommend coming to market at $436,000 to $461,000 to strike the right balance between value and market velocity. Among the similar homes currently available in GRANDVIEW PLACE, this price point stands out as competitive. The 0.13 acre lot (larger than the 0.10 acre average) is reflected in the estimate. With 5 similar homes currently listed in GRANDVIEW PLACE (a buyer's market), competition is a factor to consider. The trend in GRANDVIEW PLACE shows prices have fallen 9.1% in the past 6 months. 2000 E 8th ST, Austin TX 78702 nearby adjusts to $558,439; a strong comparable. Based on 6 relevant data points in GRANDVIEW PLACE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX