3110 Red River # 314, Austin TX 78705

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $461,219. Pricing this home between $200,000 and $210,000 would put it in the competitive sweet spot for DIVISION. This home's position in the current DIVISION market: the most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (176 sqft compared to the average comp) is a meaningful differentiator in this price range. At 44 years newer than typical comps, the 2015 build date influences the valuation. 7 similar homes are currently available in DIVISION, creating a buyer's market for this price range. Market data shows DIVISION prices risen 20.1% over the last half year. The closest comparable sale, 1401 E 3rd ST # 2, Austin TX 78702 at an adjusted $419,456, is a strong comparable. 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