1107 Somerset Ave, Austin TX 78753

Based on 7 closed sales in NORTH ACRES, the data points to a value around $551,915 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $410,000 to $420,000. This would position the home competitively among 7 active listings in NORTH ACRES. The larger floor plan (522 sqft compared to the average comp) is a meaningful differentiator in this price range. A pool adds market appeal. Only 7 minus 6 of the comps had one. The active market in NORTH ACRES includes 7 comparable homes priced from $375,000 to $575,000. Market data shows 78753 prices fallen 2.4% over the last half year. The closest comparable sale, 1005 Salem LN, Austin TX 78753 at an adjusted $565,422, is with a smaller floor plan and no pool. The strength of this estimate comes from 7 directly comparable sales in NORTH ACRES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group