1174 Pandora ST, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $487,675. I'd recommend coming to market at $367,000 to $377,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in HOMEWOOD HEIGHTS. At 247 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1948, this home is 49 years older than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in HOMEWOOD HEIGHTS; a buyer's market based on recent absorption. The trend in HOMEWOOD HEIGHTS shows prices have fallen 20.1% in the past 6 months. 1181 Ridgeway DR, Austin TX 78702 nearby adjusts to $479,203; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group