1414 Westover RD, Austin TX 78703

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,679,168. I'd recommend coming to market at $921,000 to $931,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in EDGEMONT, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. Built in 1930, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 6 comparable homes in EDGEMONT; a buyer's market based on recent absorption. The trend in 78703 shows prices have fallen 9.3% in the past 6 months. 1900 Stamford LN, Austin TX 78703 nearby adjusts to $2,124,068; a strong comparable. Based on 3 relevant data points in EDGEMONT, 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