2509 E 11th ST, Austin TX 78702

The estimated value of this property is $814,101, based on 5 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $686,000 and $696,000. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in GRANDVIEW PLACE. The smaller floor plan (285 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2007, this home is 5 years older than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in GRANDVIEW PLACE, creating a balanced market for this price range. Recent trends in GRANDVIEW PLACE show home values have fallen 9.7% since 6 months ago. The most comparable recent sale is 2305 E 8th ST, Austin TX 78702, with an adjusted value of $994,457; with a larger floor plan. Based on 5 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