2005 E 13th ST, Austin TX 78702

After reviewing 7 recent transactions in DIVISION, I estimate this property's value at $735,775. A competitive list price for this home right now would fall in the $612,000 to $622,000 range. This pricing would rank the home as the 0th most expensive of 3 comparable homes on the market in DIVISION's current inventory. At 34 years newer than typical comps, the 2012 build date influences the valuation. The smaller lot (0.13 acres versus the area average of 0.16) contributes to the valuation. The active market in DIVISION includes 3 comparable homes priced from $635,000 to $725,000. Prices in DIVISION have fallen 7.5% over the last 6 months. A similar home at 1304 Alamo ST, Austin TX 78702 carries an adjusted comparable value of $642,870, 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