3101 Govalle Ave # 217, Austin TX 78702

After reviewing 3 recent transactions in DIVISION, I estimate this property's value at $487,572. A competitive list price for this home right now would fall in the $344,000 to $354,000 range. This home's position in the current DIVISION market: the most expensive of 3 comparable homes on the market among comparable properties. At 10 years newer than typical comps, the 2020 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.07) contributes to the valuation. Right now, 3 similar properties are competing for buyers in DIVISION, listed between $320,000 and $450,000. Prices in DIVISION have risen 57.7% over the last 6 months. A similar home at 1401 E 3rd ST # 2, Austin TX 78702 carries an adjusted comparable value of $467,575, providing a strong data point. With 3 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