1120 Northwestern Ave, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $412,131. I'd recommend coming to market at $505,000 to $517,000 to strike the right balance between value and market velocity. In the current JONES M market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. Current inventory shows 3 comparable homes in JONES M; a buyer's market based on recent absorption. The trend in 78702 shows prices have risen 2.8% in the past 6 months. 1134 Leona ST, Austin TX 78702 nearby adjusts to $358,052; a strong comparable. Based on 7 relevant data points in JONES M, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX