1603 Sanchez ST # A, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $755,211. To generate strong buyer interest while maximizing value, I'd price this between $863,000 and $918,000. In the current DIVISION market with 6 similar homes available, this price represents the 2nd least expensive of 6 comparable homes on the market. The larger floor plan (231 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2015 construction puts this home 6 years newer than the comp average, a factor in the pricing. Current inventory shows 6 comparable homes in DIVISION; a buyer's market based on recent absorption. The trend in DIVISION shows prices have fallen 7.4% in the past 6 months. 1122 Tillery ST, Austin TX 78702 nearby adjusts to $967,523; with a smaller floor plan. 3 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