1304 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 $615,540. Pricing this home between $277,000 and $287,000 would put it in the competitive sweet spot for DIVISION. Relative to what's currently available in DIVISION, this home would be the 3rd most expensive of 7 comparable homes on the market. At 38 years newer than typical comps, the 1988 build date influences the valuation. The larger lot (0.29 acres versus the area average of 0.10) contributes to the valuation. Current inventory shows 7 comparable homes in DIVISION; a buyer's market based on recent absorption. Market data shows DIVISION prices risen 66.4% over the last half year. The closest comparable sale, 1909 E 14th ST, Austin TX 78702 at an adjusted $723,261, is a strong comparable. The comp data here (7 sales in DIVISION) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus