1171 Pandora ST, Austin TX 78702

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $583,336. I'd recommend coming to market at $500,000 to $510,000 to strike the right balance between value and market velocity. In the current HOMEWOOD HEIGHTS market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. Built in 2004, this home is 12 years newer than the average comp, which is reflected in the adjustments. The 0.27 acre lot (larger than the 0.11 acre average) is reflected in the estimate. The active market in HOMEWOOD HEIGHTS includes 7 comparable homes priced from $475,000 to $699,000. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 2200 E 18th ST, Austin TX 78702 nearby adjusts to $524,292; a strong comparable. Based on 7 relevant data points in HOMEWOOD HEIGHTS, 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