2411 E 11th ST # 2, Austin TX 78702

The market data from 7 similar recent sales in GRANDVIEW PLACE points to a value of approximately $538,294. To sell within a reasonable timeframe at fair market value, the $246,000 to $256,000 range is where I'd position this. Against 7 similar active listings in GRANDVIEW PLACE, this price point lands at the most expensive of 7 comparable homes on the market. The 476 sqft size difference versus comparable sales is reflected in the adjusted values. The 2021 construction puts this home 43 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in GRANDVIEW PLACE, creating a balanced market for this price range. In GRANDVIEW PLACE, home values have fallen approximately 19.5% over the past 6 months. One of the strongest data points is 2014 E 9th ST # 2, Austin TX 78702, adjusting to $475,136; 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