2408 E 9th ST, Austin TX 78702

My analysis of 3 comparable properties puts this home's estimated value at $375,989. Based on how the local market is moving, a list price between $365,000 and $387,000 would position this home well. Relative to what's currently available in GRANDVIEW PLACE, this home would be the most affordable of 7 comparable homes on the market. The smaller floor plan (111 sqft compared to the average comp) is a meaningful differentiator in this price range. At 9 years newer than typical comps, the 1960 build date influences the valuation. There are currently 7 similar homes on the market in GRANDVIEW PLACE, ranging from $379,999 to $825,000. The 6 month price trend in GRANDVIEW PLACE: fallen 2.4%. The best comp here is 1202 Hackberry ST, Austin TX 78702 at an adjusted value of $320,756, a strong comparable. With 3 comparable sales in GRANDVIEW PLACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group