12115 Pecan ST, Austin TX 78727

The estimated value of this property is $394,424, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $287,000 and $297,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in JEKEL JOE. Built in 1977, this home is 7 years older than the average comp, which is reflected in the adjustments. The 0.42 acre lot (larger than the 0.13 acre average) is reflected in the estimate. With 7 similar homes currently listed in JEKEL JOE (a balanced market), competition is a factor to consider. Recent trends in 78727 show home values have fallen 3.2% since 6 months ago. The most comparable recent sale is 5935 Kevin Kelly PL, Austin TX 78727, with an adjusted value of $381,720; a strong comparable. Based on 7 relevant data points in JEKEL JOE, 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