1116 E 3rd ST # 2, Austin TX 78702

The estimated value of this property is $1,279,814, based on 5 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $839,000 and $849,000. With 7 comparable homes on the market in DIVISION, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. At 115 sqft larger than the typical comp, the size difference factors into the valuation. Right now, 7 similar properties are competing for buyers in DIVISION, listed between $849,000 and $1,568,000. Recent trends in DIVISION show home values have risen 1% since 6 months ago. The most comparable recent sale is 1803 Clifford Ave, Austin TX 78702, with an adjusted value of $1,218,323; a strong comparable. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group