1136 Chicon ST # A, Austin TX 78702

The market data from 7 similar recent sales in DIVISION points to a value of approximately $666,510. To sell within a reasonable timeframe at fair market value, the $540,000 to $550,000 range is where I'd position this. Against 3 similar active listings in DIVISION, this price point lands at the most expensive of 3 comparable homes on the market. The 2018 construction puts this home 48 years newer than the comp average, a factor in the pricing. At 0.17 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. With 3 similar homes currently listed in DIVISION (a buyer's market), competition is a factor to consider. In DIVISION, home values have risen approximately 20.1% over the past 6 months. One of the strongest data points is 3101 Govalle Ave # 215, Austin TX 78702, adjusting to $477,122; a strong comparable. 7 comparable transactions in DIVISION support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group