2411 E 8th ST, Austin TX 78702

Based on 7 closed sales in GRANDVIEW PLACE, the data points to a value around $531,616 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $437,000 to $447,000. This would position the home competitively among 7 active listings in GRANDVIEW PLACE. The 142 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1932 (35 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in GRANDVIEW PLACE; a balanced market based on recent absorption. Market data shows GRANDVIEW PLACE prices fallen 0.4% over the last half year. The closest comparable sale, 2503 Bryan ST, Austin TX 78702 at an adjusted $578,068, is a strong comparable. 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