1114 Henninger ST, Austin TX 78702

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $896,808. I'd recommend coming to market at $727,000 to $737,000 to strike the right balance between value and market velocity. In the current DIVISION market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The larger floor plan (228 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2007, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in DIVISION; a buyer's market based on recent absorption. The trend in DIVISION shows prices have risen 1% in the past 6 months. 1402 E 11th ST, Austin TX 78702 nearby adjusts to $1,032,648; a strong comparable. Based on 7 relevant data points in DIVISION, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX