2406 E 8th ST # 2, Austin TX 78702

Based on 7 closed sales in GRANDVIEW PLACE, the data points to a value around $558,002 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $451,000 to $461,000. This home's position in the current GRANDVIEW PLACE market: the most expensive of 4 comparable homes on the market among comparable properties. The smaller floor plan (347 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.05 acres versus 0.13 for the typical comp. There are currently 4 similar homes on the market in GRANDVIEW PLACE, ranging from $449,500 to $624,500. Market data shows GRANDVIEW PLACE prices risen 0.3% over the last half year. The closest comparable sale, 1904 E 8TH ST, Austin TX 78702 at an adjusted $299,189, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus