1510 West Ave, Austin TX 78701

Reviewing the most recent comparable transactions, this home's market value falls around $1,828,128. For a well positioned listing in DIVISION, I'd target the $3,266,000 to $3,450,000 range. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in DIVISION. The larger floor plan (3,817 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1927 construction puts this home 11 years older than the comp average, a factor in the pricing. There are currently 2 similar homes on the market in DIVISION, ranging from $3,500,000 to $6,500,000. Recent trends in DIVISION show home values have risen 20.1% since 6 months ago. The most comparable recent sale is 1018 Shelley Ave, Austin TX 78703, with an adjusted value of $2,181,200; with a smaller floor plan. 7 comparable transactions in DIVISION support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group