12202 Pecan ST, Austin TX 78727

The market data from 7 similar recent sales in JEKEL JOE points to a value of approximately $345,403. To sell within a reasonable timeframe at fair market value, the $271,000 to $281,000 range is where I'd position this. Among the similar homes currently available in JEKEL JOE, this price point stands out as competitive. The 1965 construction puts this home 19 years older than the comp average, a factor in the pricing. At 0.31 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. With 5 similar homes currently listed in JEKEL JOE (a buyer's market), competition is a factor to consider. In 78727, home values have fallen approximately 8% over the past 6 months. One of the strongest data points is 5912 Richard Carlton BLVD, Austin TX 78727, adjusting to $320,698; a strong comparable. 7 comparable transactions in JEKEL JOE 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