1103 Somerset Ave, Austin TX 78753

After reviewing 7 recent transactions in NORTH ACRES, I estimate this property's value at $395,622. A competitive list price for this home right now would fall in the $424,000 to $430,000 range. This would position the home competitively among 6 active listings in NORTH ACRES. The larger lot (0.34 acres versus the area average of 0.28) contributes to the valuation. Buyers in NORTH ACRES have 6 comparable options right now, with asking prices between $349,900 and $475,000. Prices in NORTH ACRES have risen 2.4% over the last 6 months. A similar home at 1110 Hollybluff ST, Austin TX 78753 carries an adjusted comparable value of $438,998, providing a strong data point. With 7 comparable sales in NORTH ACRES, 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