2509 E 9th ST, Austin TX 78702

Taking into account 7 nearby comparable sales, this property's estimated value comes to $490,400. If we were to list this property today, I'd recommend a list price in the $524,000 to $541,000 range. This home's position in the current GRANDVIEW PLACE market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The smaller floor plan (265 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1932 (22 years older than comps) is factored into the value estimate. 3 similar homes are currently available in GRANDVIEW PLACE, creating a balanced market for this price range. The 6 month price trend in GRANDVIEW PLACE: fallen 0.4%. The best comp here is 2403 E 11th ST, Austin TX 78702 at an adjusted value of $477,164, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in GRANDVIEW PLACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group