1313 E M Franklin Ave, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $777,344. For a well positioned listing in DIVISION, I'd target the $762,000 to $793,000 range. With 7 comparable homes on the market in DIVISION, this price positions the property as the most expensive of 7 comparable homes on the market. This home's smaller footprint (297 sqft vs the comp average) plays a role in how the market prices it. The 2000 construction puts this home 13 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in DIVISION, creating a buyer's market for this price range. Recent trends in DIVISION show home values have risen 26.4% since 6 months ago. The most comparable recent sale is 1122 Tillery ST, Austin TX 78702, with an adjusted value of $737,256; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group