3 recent sales within a mile of this address suggest a current value of $1,013,150. My recommended list price range for this property would be $983,000 to $1,044,000. In the current DIVISION market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The smaller floor plan (127 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.14 acre lot (larger than the 0.11 acre average) is reflected in the estimate. There are currently 3 similar homes on the market in DIVISION, ranging from $1,200,000 to $1,250,000. In DIVISION, home values have risen approximately 20.1% over the past 6 months. One of the strongest data points is 1401 E 3rd ST # 1, Austin TX 78702, adjusting to $1,122,840; with a smaller 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