3700 Commerce ST, Austin TX 78721

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $579,595. To generate strong buyer interest while maximizing value, I'd price this between $327,000 and $337,000. In the current DIVISION market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. The 1950 construction puts this home 11 years newer than the comp average, a factor in the pricing. At 0.17 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. There are currently 5 similar homes on the market in DIVISION, ranging from $329,900 to $649,999. The trend in DIVISION shows prices have risen 20.1% in the past 6 months. 1210 Coleto ST, Austin TX 78702 nearby adjusts to $543,416; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group