2505 Bryan ST, Austin TX 78702

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $720,705. I'd recommend coming to market at $451,000 to $461,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in GRANDVIEW PLACE. The smaller floor plan (303 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1998, this home is 8 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in GRANDVIEW PLACE (a balanced market), competition is a factor to consider. The trend in GRANDVIEW PLACE shows prices have fallen 2.4% in the past 6 months. 2305 E 8th ST, Austin TX 78702 nearby adjusts to $902,030; with a larger floor plan. Based on 4 relevant data points in GRANDVIEW PLACE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX