3108 Govalle Ave, Austin TX 78702

My analysis of 7 comparable properties puts this home's estimated value at $1,050,530. Based on how the local market is moving, a list price between $1,358,000 and $1,370,000 would position this home well. This would position the home competitively among 7 active listings in DIVISION. This home's larger footprint (1,204 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.28 acres versus the area average of 0.17) contributes to the valuation. The active market in DIVISION includes 7 comparable homes priced from $999,000 to $1,895,000. The 6 month price trend in DIVISION: risen 33.7%. The best comp here is 1608 Pennsylvania Ave, Austin TX 78702 at an adjusted value of $549,409, with a larger floor plan. 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