1603 Pearl ST, Austin TX 78701

The market data from 7 similar recent sales in DIVISION points to a value of approximately $1,528,864. To sell within a reasonable timeframe at fair market value, the $885,000 to $895,000 range is where I'd position this. With 7 comparable homes on the market in DIVISION, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. At 868 sqft larger than the typical comp, the size difference factors into the valuation. The 1910 construction puts this home 46 years older than the comp average, a factor in the pricing. Buyers in DIVISION have 7 comparable options right now, with asking prices between $925,000 and $1,999,000. In DIVISION, home values have risen approximately 20.1% over the past 6 months. One of the strongest data points is 902 Blanco ST, Austin TX 78703, adjusting to $2,465,231; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group