1404 E M Franklin Ave, Austin TX 78721

Based on 7 closed sales in DIVISION, the data points to a value around $551,097 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $292,000 to $302,000. Buyers shopping in DIVISION right now would see this as a well positioned option among 5 comparable homes. At 126 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.43 acres versus 0.12 for the typical comp. There are currently 5 similar homes on the market in DIVISION, ranging from $279,000 to $434,500. Market data shows DIVISION prices risen 33.7% over the last half year. The closest comparable sale, 1210 Coleto ST, Austin TX 78702 at an adjusted $540,491, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus