2500 E 11th ST, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $470,530. To generate strong buyer interest while maximizing value, I'd price this between $167,000 and $177,000. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in GRANDVIEW PLACE. The smaller floor plan (474 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1964 construction puts this home 18 years newer than the comp average, a factor in the pricing. 5 similar homes are currently available in GRANDVIEW PLACE, creating a balanced market for this price range. 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 $521,431; 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