1411 Ethridge Ave, Austin TX 78703

Taking into account 3 nearby comparable sales, this property's estimated value comes to $4,347,243. If we were to list this property today, I'd recommend a list price in the $3,330,000 to $3,340,000 range. Relative to what's currently available in PEMBERTON HEIGHTS, this home would be the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (419 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.51 acres versus 0.37 for the typical comp. 7 similar homes are currently available in PEMBERTON HEIGHTS, creating a buyer's market for this price range. The 6 month price trend in 78703: fallen 9.3%. The best comp here is 2504 Jarratt Ave, Austin TX 78703 at an adjusted value of $3,992,895, with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in PEMBERTON HEIGHTS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group