2506 E 11th ST, Austin TX 78702

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $492,635. I'd recommend coming to market at $512,000 to $595,000 to strike the right balance between value and market velocity. Against 3 similar active listings in GRANDVIEW PLACE, this price point lands at the most expensive of 3 comparable homes on the market. Being 596 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1937, this home is 30 years older than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in GRANDVIEW PLACE, creating a buyer's market for this price range. The trend in GRANDVIEW PLACE shows prices have risen 0.3% in the past 6 months. 2405 E 10th ST, Austin TX 78702 nearby adjusts to $340,000; with a larger floor plan. Based on 7 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