1101 SHOAL CREEK BLVD # 12, Austin TX 78701

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $860,989. Pricing this home between $1,558,000 and $1,561,000 would put it in the competitive sweet spot for DIVISION. This home's position in the current DIVISION market: the most affordable of 5 comparable homes on the market among comparable properties. The 199 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 5 comparable homes in DIVISION; a buyer's market based on recent absorption. Market data shows DIVISION prices risen 36.6% over the last half year. The closest comparable sale, 1401 E 3rd ST # 1, Austin TX 78702 at an adjusted $987,740, is a strong comparable. With 4 comparable sales in DIVISION, 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