1184 Sarabeth WAY, Austin TX 78721

After reviewing 3 recent transactions in PENN PLACE COTTAGES, I estimate this property's value at $610,561. A competitive list price for this home right now would fall in the $411,000 to $421,000 range. Buyers shopping in PENN PLACE COTTAGES right now would see this as a well positioned option among 7 comparable homes. At 198 sqft larger than the typical comp, the size difference factors into the valuation. Right now, 7 similar properties are competing for buyers in PENN PLACE COTTAGES, listed between $449,900 and $705,000. Prices in 78721 have risen 8.9% over the last 6 months. A similar home at 1206 Luna ST # 1, Austin TX 78721 carries an adjusted comparable value of $724,638, providing a strong data point. With 3 comparable sales in PENN PLACE COTTAGES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group