1300 W 9th 1/2 ST, Austin TX 78703

The comparable sales data (7 recent transactions in DIVISION) supports an estimated value of $1,398,726. The data suggests a list price between $1,127,000 and $1,137,000 would attract qualified buyers without leaving money on the table. This home's position in the current DIVISION market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. Being 950 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1860 (86 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in DIVISION; a buyer's market based on recent absorption. Prices in DIVISION have risen 57.7% over the last 6 months. A similar home at 902 Blanco ST, Austin TX 78703 carries an adjusted comparable value of $2,249,595, providing a strong data point. 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