701 River ST, Austin TX 78701

The market data from 7 similar recent sales in DIVISION points to a value of approximately $559,451. To sell within a reasonable timeframe at fair market value, the $385,000 to $395,000 range is where I'd position this. With 7 comparable homes on the market in DIVISION, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 1945 construction puts this home 9 years newer than the comp average, a factor in the pricing. At 0.08 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. 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