1612 E 7th ST, Austin TX 78702

The comparable sales data (4 recent transactions in DIVISION) supports an estimated value of $685,743. The data suggests a list price between $501,000 and $511,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in DIVISION's current inventory. At 154 sqft larger than the typical comp, the size difference factors into the valuation. With 7 similar homes currently listed in DIVISION (a buyer's market), competition is a factor to consider. Prices in DIVISION have risen 20.1% over the last 6 months. A similar home at 2312 Canterbury St #A, Austin TX 78702 carries an adjusted comparable value of $656,262, providing a strong data point. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus