1016 SHELLEY Ave, Austin TX 78703

Reviewing the most recent comparable transactions, this home's market value falls around $669,051. For a well positioned listing in DIVISION, I'd target the $393,000 to $403,000 range. Among the similar homes currently available in DIVISION, this price point stands out as competitive. Being 142 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1922 construction puts this home 12 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in DIVISION, listed between $395,000 and $930,000. Recent trends in DIVISION show home values have risen 57.7% since 6 months ago. The most comparable recent sale is 1014 Shelley Ave, Austin TX 78703, with an adjusted value of $790,980; with a larger floor plan. 7 comparable transactions in DIVISION 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