1601 Pearl ST, Austin TX 78701

After reviewing 7 recent transactions in DIVISION, I estimate this property's value at $1,840,835. A competitive list price for this home right now would fall in the $1,539,000 to $1,549,000 range. This home's position in the current DIVISION market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (2,047 sqft vs the comp average) plays a role in how the market prices it. At 39 years older than typical comps, the 1910 build date influences the valuation. The active market in DIVISION includes 7 comparable homes priced from $1,399,990 to $2,499,900. Prices in DIVISION have risen 20.1% over the last 6 months. A similar home at 802 Pressler ST, Austin TX 78703 carries an adjusted comparable value of $2,969,145, providing a strong data point. With 7 comparable sales in DIVISION, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group