1181 Pandora ST, Austin TX 78702

The market data from 7 similar recent sales in HOMEWOOD HEIGHTS points to a value of approximately $593,496. To sell within a reasonable timeframe at fair market value, the $705,000 to $796,000 range is where I'd position this. Against 4 similar active listings in HOMEWOOD HEIGHTS, this price point lands at the 2nd least expensive of 4 comparable homes on the market. The 2001 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.19 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. The active market in HOMEWOOD HEIGHTS includes 4 comparable homes priced from $559,000 to $839,995. In 78702, home values have fallen approximately 8.4% over the past 6 months. One of the strongest data points is 1181 Ridgeway DR, Austin TX 78702, adjusting to $579,840; with a smaller floor plan. 7 comparable transactions in HOMEWOOD HEIGHTS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group