1138 Gunter ST, Austin TX 78721

Based on 7 closed sales in DIVISION, the data points to a value around $613,023 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $488,000 to $498,000. Relative to what's currently available in DIVISION, this home would be the most expensive of 7 comparable homes on the market. Being built in 1935 (9 years newer than comps) is factored into the value estimate. There are currently 7 similar homes on the market in DIVISION, ranging from $505,000 to $750,000. Market data shows DIVISION prices risen 57.7% over the last half year. The closest comparable sale, 1909 E 14th ST, Austin TX 78702 at an adjusted $649,990, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in DIVISION. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group