772 Northwestern Ave, Austin TX 78702

Based on 7 closed sales in GRANDVIEW PLACE, the data points to a value around $818,460 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $559,000 to $569,000. Relative to what's currently available in GRANDVIEW PLACE, this home would be the 2nd most expensive of 5 comparable homes on the market. At 338 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 2015 (13 years newer than comps) is factored into the value estimate. 5 similar homes are currently available in GRANDVIEW PLACE, creating a buyer's market for this price range. Market data shows GRANDVIEW PLACE prices fallen 0.4% over the last half year. The closest comparable sale, 2305 E 8th ST, Austin TX 78702 at an adjusted $973,067, is with a larger 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