2505 E 11th ST # 2, Austin TX 78702

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $637,343. Pricing this home between $516,000 and $526,000 would put it in the competitive sweet spot for GRANDVIEW PLACE. This pricing would rank the home as the most expensive of 3 comparable homes on the market in GRANDVIEW PLACE's current inventory. At 628 sqft smaller than the typical comp, the size difference factors into the valuation. With 3 similar homes currently listed in GRANDVIEW PLACE (a balanced market), competition is a factor to consider. Market data shows GRANDVIEW PLACE prices fallen 2.4% over the last half year. The closest comparable sale, 2014 E 9th ST # 2, Austin TX 78702 at an adjusted $635,860, is a strong comparable. With 7 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