3604 Thompson ST, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $696,953. To generate strong buyer interest while maximizing value, I'd price this between $391,000 and $401,000. In the current DIVISION market with 3 similar homes available, this price represents the 0th most expensive of 3 comparable homes on the market. The smaller floor plan (388 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2023 construction puts this home 26 years newer than the comp average, a factor in the pricing. 3 similar homes are currently available in DIVISION, creating a buyer's market for this price range. The trend in DIVISION shows prices have fallen 7.4% in the past 6 months. 3101 Govalle Ave # 215, Austin TX 78702 nearby adjusts to $480,302; 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