617 W 31st ST # B, Austin TX 78705

After reviewing 7 recent transactions in DIVISION, I estimate this property's value at $815,640. A competitive list price for this home right now would fall in the $516,000 to $526,000 range. This would position the home competitively among 7 active listings in DIVISION. The 282 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 7 comparable homes in DIVISION; a buyer's market based on recent absorption. Prices in DIVISION have risen 20.1% over the last 6 months. A similar home at 907 E 15th ST, Austin TX 78702 carries an adjusted comparable value of $785,285, providing a strong data point. 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