1403 W 9th ST, Austin TX 78703

Reviewing the most recent comparable transactions, this home's market value falls around $1,460,102. For a well positioned listing in DIVISION, I'd target the $2,201,000 to $2,266,000 range. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in DIVISION. This home's larger footprint (667 sqft vs the comp average) plays a role in how the market prices it. The 1878 construction puts this home 108 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in DIVISION, ranging from $1,190,000 to $3,350,000. Recent trends in DIVISION show home values have risen 20.1% since 6 months ago. The most comparable recent sale is 902 Blanco ST, Austin TX 78703, with an adjusted value of $2,201,114; 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