1304 Alamo ST, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $714,780. I'd recommend coming to market at $732,000 to $798,000 to strike the right balance between value and market velocity. In the current DIVISION market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. Built in 2008, this home is 20 years newer than the average comp, which is reflected in the adjustments. The 0.09 acre lot (smaller than the 0.15 acre average) is reflected in the estimate. There are currently 4 similar homes on the market in DIVISION, ranging from $639,900 to $665,000. The trend in DIVISION shows prices have risen 48.7% in the past 6 months. 1122 Tillery ST, Austin TX 78702 nearby adjusts to $798,020; a strong comparable. Based on 7 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