1001 Shelley Ave, Austin TX 78703

The comparable sales data (7 recent transactions in DIVISION) supports an estimated value of $669,950. The data suggests a list price between $1,370,000 and $1,407,000 would attract qualified buyers without leaving money on the table. Buyers shopping in DIVISION right now would see this as a well positioned option among 7 comparable homes. This home's larger footprint (847 sqft vs the comp average) plays a role in how the market prices it. Being built in 1984 (30 years newer than comps) is factored into the value estimate. 7 similar homes are currently available in DIVISION, creating a buyer's market for this price range. Prices in DIVISION have risen 20.1% over the last 6 months. A similar home at 2204 E 14th ST, Austin TX 78702 carries an adjusted comparable value of $914,019, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in DIVISION. 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