1426 Preston Ave, Austin TX 78703

The market data from 4 similar recent sales in PEMBERTON HEIGHTS points to a value of approximately $2,332,288. To sell within a reasonable timeframe at fair market value, the $1,360,000 to $1,370,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in PEMBERTON HEIGHTS. The larger floor plan (156 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.16 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in PEMBERTON HEIGHTS, listed between $1,100,000 and $2,495,000. In PEMBERTON HEIGHTS, home values have risen approximately 38% over the past 6 months. One of the strongest data points is 2401 Jarratt Ave, Austin TX 78703, adjusting to $2,237,036; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group