3612 Govalle Ave, Austin TX 78702

Taking into account 7 nearby comparable sales, this property's estimated value comes to $504,441. If we were to list this property today, I'd recommend a list price in the $345,000 to $355,000 range. This home's position in the current DIVISION market: the most expensive of 4 comparable homes on the market among comparable properties. This home's smaller footprint (150 sqft vs the comp average) plays a role in how the market prices it. Being built in 1937 (18 years older than comps) is factored into the value estimate. The active market in DIVISION includes 4 comparable homes priced from $335,000 to $625,000. The 6 month price trend in DIVISION: risen 2.7%. The best comp here is 2108 E 12th ST, Austin TX 78702 at an adjusted value of $408,545, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in DIVISION. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group