1100 Olive ST, Austin TX 78702

The market data from 7 similar recent sales in DIVISION points to a value of approximately $650,908. To sell within a reasonable timeframe at fair market value, the $396,000 to $406,000 range is where I'd position this. In the current DIVISION market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. This home's smaller footprint (155 sqft vs the comp average) plays a role in how the market prices it. The 1929 construction puts this home 11 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in DIVISION, ranging from $420,000 to $995,000. In DIVISION, home values have risen approximately 33.7% over the past 6 months. One of the strongest data points is 2107 E 13th ST, Austin TX 78702, adjusting to $568,782; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group