1615 Pearl ST, Austin TX 78701

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,862,090. To generate strong buyer interest while maximizing value, I'd price this between $2,975,000 and $3,244,000. In the current DIVISION market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. Being 2,230 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 5 of 7 comparable sales didn't include one. With 2 similar homes currently listed in DIVISION (a buyer's market), competition is a factor to consider. The trend in DIVISION shows prices have risen 48.7% in the past 6 months. 1006 Shelley Ave, Austin TX 78703 nearby adjusts to $2,168,759; with a smaller floor plan and no pool. 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