1405 Alamo ST, Austin TX 78702

The estimated value of this property is $649,939, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $391,000 and $401,000. In the current DIVISION market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The larger floor plan (116 sqft compared to the average comp) is a meaningful differentiator in this price range. There are currently 7 similar homes on the market in DIVISION, ranging from $399,000 to $899,000. Recent trends in DIVISION show home values have risen 66.1% since 6 months ago. The most comparable recent sale is 1304 Alamo ST, Austin TX 78702, with an adjusted value of $571,413; with a larger floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group