1215 E M Franklin Ave, Austin TX 78721

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $671,941. I'd recommend coming to market at $298,000 to $308,000 to strike the right balance between value and market velocity. Among the similar homes currently available in DIVISION, this price point stands out as competitive. The 157 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1950, this home is 11 years newer than the average comp, which is reflected in the adjustments. Buyers in DIVISION have 7 comparable options right now, with asking prices between $299,500 and $675,000. The trend in DIVISION shows prices have risen 20.1% in the past 6 months. 3401 Oak Springs DR, Austin TX 78721 nearby adjusts to $674,492; with a smaller floor plan. Based on 3 relevant data points in DIVISION, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX