3101 Govalle Ave # 114, Austin TX 78702

The comparable sales data (3 recent transactions in DIVISION) supports an estimated value of $497,432. The data suggests a list price between $367,000 and $377,000 would attract qualified buyers without leaving money on the table. This home's position in the current DIVISION market: the most expensive of 5 comparable homes on the market among comparable properties. Being built in 2020 (10 years newer than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.07 for the typical comp. Current inventory shows 5 comparable homes in DIVISION; a buyer's market based on recent absorption. Prices in DIVISION have risen 48.9% over the last 6 months. A similar home at 1401 E 3rd ST # 2, Austin TX 78702 carries an adjusted comparable value of $475,728, providing a strong data point. This estimate draws on 3 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