1104 Somerset Ave, Austin TX 78753

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $440,894. To generate strong buyer interest while maximizing value, I'd price this between $445,000 and $466,000. Among the similar homes currently available in NORTH ACRES, this price point stands out as competitive. The 1957 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.43 acres, the lot is larger than the 0.36 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in NORTH ACRES, ranging from $423,500 to $479,000. The trend in NORTH ACRES shows prices have risen 1% in the past 6 months. 1005 Salem LN, Austin TX 78753 nearby adjusts to $407,820; with a larger floor plan. The 3 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