1504 E 11th ST, Austin TX 78702

After reviewing 7 recent transactions in DIVISION, I estimate this property's value at $767,374. A competitive list price for this home right now would fall in the $505,000 to $515,000 range. This home's position in the current DIVISION market: the most expensive of 7 comparable homes on the market among comparable properties. At 35 years older than typical comps, the 1920 build date influences the valuation. The smaller lot (0.07 acres versus the area average of 0.17) contributes to the valuation. The active market in DIVISION includes 7 comparable homes priced from $515,000 to $1,599,000. Prices in DIVISION have risen 20.1% over the last 6 months. A similar home at 907 E 15th ST, Austin TX 78702 carries an adjusted comparable value of $730,329, providing a strong data point. The comp data here (7 sales in DIVISION) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus