1612 Harvey ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $704,985. For a well positioned listing in DIVISION, I'd target the $521,000 to $531,000 range. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in DIVISION. The 1953 construction puts this home 39 years older than the comp average, a factor in the pricing. At 0.24 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in DIVISION; a buyer's market based on recent absorption. Recent trends in DIVISION show home values have risen 36.9% since 6 months ago. The most comparable recent sale is 1122 Tillery ST, Austin TX 78702, with an adjusted value of $765,440; a strong comparable. 7 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