907 Chicon ST, Austin TX 78702

After reviewing 7 recent transactions in GRANDVIEW PLACE, I estimate this property's value at $691,776. A competitive list price for this home right now would fall in the $872,000 to $886,000 range. This pricing would rank the home as the most affordable of 7 comparable homes on the market in GRANDVIEW PLACE's current inventory. At 46 years older than typical comps, the 1949 build date influences the valuation. The smaller lot (0.06 acres versus the area average of 0.14) contributes to the valuation. There are currently 7 similar homes on the market in GRANDVIEW PLACE, ranging from $750,000 to $915,000. Prices in GRANDVIEW PLACE have fallen 9.3% over the last 6 months. A similar home at 2305 E 8th ST, Austin TX 78702 carries an adjusted comparable value of $865,228, providing a strong data point. With 7 comparable sales in GRANDVIEW PLACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group