Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,476,924. I'd recommend coming to market at $1,522,000 to $1,771,000 to strike the right balance between value and market velocity. Against 3 similar active listings in PEMBERTON HEIGHTS, this price point lands at the most expensive of 3 comparable homes on the market. The 0.24 acre lot (larger than the 0.19 acre average) is reflected in the estimate. There are currently 3 similar homes on the market in PEMBERTON HEIGHTS, ranging from $1,189,000 to $1,875,000. The trend in PEMBERTON HEIGHTS shows prices have risen 29.7% in the past 6 months. 1614 Preston Ave, Austin TX 78703 nearby adjusts to $1,192,441; with a larger floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group