1901 E 16th ST, Austin TX 78702

Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,138,192. If we were to list this property today, I'd recommend a list price in the $998,000 to $1,008,000 range. Relative to what's currently available in DIVISION, this home would be the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (952 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2007 (20 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in DIVISION; a buyer's market based on recent absorption. The 6 month price trend in DIVISION: risen 20.6%. The best comp here is 616 Oakland Ave, Austin TX 78703 at an adjusted value of $2,117,111, with a larger floor plan. This estimate draws on 7 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