3307 Govalle Ave, Austin TX 78702

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $502,890. Pricing this home between $493,000 and $513,000 would put it in the competitive sweet spot for CHERICO. This home's position in the current CHERICO market: the 4th most expensive of 7 comparable homes on the market among comparable properties. At 194 sqft larger than the typical comp, the size difference factors into the valuation. At 18 years older than typical comps, the 1944 build date influences the valuation. With 7 similar homes currently listed in CHERICO (a buyer's market), competition is a factor to consider. Market data shows 78702 prices risen 1.9% over the last half year. The closest comparable sale, 902 Mansell Ave, Austin TX 78702 at an adjusted $682,621, is a strong comparable. The comp data here (7 sales in CHERICO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus