3110 Red River ST # 113, Austin TX 78705

Based on 7 closed sales in DIVISION, the data points to a value around $695,420 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $162,000 to $172,000. This home's position in the current DIVISION market: the most expensive of 6 comparable homes on the market among comparable properties. At 870 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 2013 (26 years newer than comps) is factored into the value estimate. The active market in DIVISION includes 6 comparable homes priced from $169,900 to $220,000. Market data shows DIVISION prices risen 35.2% over the last half year. The closest comparable sale, 1304 Alamo ST, Austin TX 78702 at an adjusted $594,000, is with a larger floor plan. This estimate draws on 7 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