3706 Commerce ST, Austin TX 78721

My analysis of 7 comparable properties puts this home's estimated value at $507,879. Based on how the local market is moving, a list price between $543,000 and $603,000 would position this home well. Relative to what's currently available in DIVISION, this home would be no active comparable homes on the market. The smaller floor plan (401 sqft compared to the average comp) is a meaningful differentiator in this price range. At 9 years newer than typical comps, the 1950 build date influences the valuation. The 6 month price trend in DIVISION: risen 1%. The best comp here is 2108 E 12th ST, Austin TX 78702 at an adjusted value of $386,389, 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