2504 E 11th ST, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $531,901. I'd recommend coming to market at $386,000 to $396,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in GRANDVIEW PLACE, this price positions the property as the 4th most expensive of 7 comparable homes on the market. Built in 1941, this home is 5 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in GRANDVIEW PLACE, ranging from $420,000 to $749,999. The trend in GRANDVIEW PLACE shows prices have fallen 2.4% in the past 6 months. 2405 E 10th ST, Austin TX 78702 nearby adjusts to $418,140; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group