806 Northwestern Ave, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $517,495. To generate strong buyer interest while maximizing value, I'd price this between $164,000 and $174,000. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in GRANDVIEW PLACE. At 938 sqft smaller than the typical comp, the size difference factors into the valuation. The 1950 construction puts this home 15 years older than the comp average, a factor in the pricing. With 1 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 0.4% in the past 6 months. 2405 E 10th ST, Austin TX 78702 nearby adjusts to $352,364; with a larger floor plan. 7 comparable transactions in GRANDVIEW PLACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group