1180 PANDORA, Austin TX 78702

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $493,469. I'd recommend coming to market at $350,000 to $360,000 to strike the right balance between value and market velocity. In the current HOMEWOOD HEIGHTS market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. Built in 1922, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.13 acre average) is reflected in the estimate. Current inventory shows 6 comparable homes in HOMEWOOD HEIGHTS; a buyer's market based on recent absorption. The trend in 78702 shows prices have fallen 10.6% in the past 6 months. 1909 E 14th ST, Austin TX 78702 nearby adjusts to $593,676; a strong comparable. Based on 4 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