1128 Chicon ST # 101, Austin TX 78702

After reviewing 7 recent transactions in DIVISION, I estimate this property's value at $655,659. A competitive list price for this home right now would fall in the $441,000 to $451,000 range. Relative to what's currently available in DIVISION, this home would be the 4th most expensive of 7 comparable homes on the market. This home's smaller footprint (266 sqft vs the comp average) plays a role in how the market prices it. At 12 years newer than typical comps, the 2020 build date influences the valuation. Current inventory shows 7 comparable homes in DIVISION; a buyer's market based on recent absorption. Prices in DIVISION have risen 20.1% over the last 6 months. A similar home at 2207 E 13th ST # 2, Austin TX 78702 carries an adjusted comparable value of $636,152, providing a strong data point. The comp data here (7 sales in DIVISION) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus