1407 E 3rd ST, Austin TX 78702

The estimated value of this property is $522,692, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $440,000 and $450,000. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in DIVISION. Built in 1930, this home is 20 years older than the average comp, which is reflected in the adjustments. The 0.10 acre lot (smaller than the 0.13 acre average) is reflected in the estimate. Buyers in DIVISION have 5 comparable options right now, with asking prices between $425,000 and $825,000. Recent trends in DIVISION show home values have risen 20.1% since 6 months ago. The most comparable recent sale is 1210 Coleto ST, Austin TX 78702, with an adjusted value of $471,459; a strong comparable. With 7 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