1302 E M Franklin Ave, Austin TX 78721

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $540,784. Pricing this home between $202,000 and $212,000 would put it in the competitive sweet spot for DIVISION. Buyers shopping in DIVISION right now would see this as a well positioned option among 3 comparable homes. This home's smaller footprint (242 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.31 acres versus the area average of 0.10) contributes to the valuation. The active market in DIVISION includes 3 comparable homes priced from $204,000 to $380,000. Market data shows DIVISION prices risen 66.4% over the last half year. The closest comparable sale, 2108 E 12th ST, Austin TX 78702 at an adjusted $449,600, is a strong comparable. With 7 comparable sales in DIVISION, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group