1172 Navasota ST, Austin TX 78702

The market data from 7 similar recent sales in DIVISION points to a value of approximately $568,515. To sell within a reasonable timeframe at fair market value, the $647,000 to $648,000 range is where I'd position this. With 7 comparable homes on the market in DIVISION, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 1987 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 0.09 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. With 7 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 1810 Sanchez ST, Austin TX 78702, adjusting to $618,404; 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