1608 Sanchez ST, Austin TX 78702

After reviewing 7 recent transactions in DIVISION, I estimate this property's value at $565,311. A competitive list price for this home right now would fall in the $193,000 to $203,000 range. This home's position in the current DIVISION market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. At 21 years newer than typical comps, the 1951 build date influences the valuation. Current inventory shows 7 comparable homes in DIVISION; a buyer's market based on recent absorption. Prices in DIVISION have risen 20.1% over the last 6 months. A similar home at 1909 E 14th ST, Austin TX 78702 carries an adjusted comparable value of $669,507, 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