1501 Alameda DR, Austin TX 78704

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $1,490,145. I'd recommend coming to market at $1,008,000 to $1,018,000 to strike the right balance between value and market velocity. Among the similar homes currently available in TRAVIS HEIGHTS, this price point stands out as competitive. Being 211 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.24 acre lot (larger than the 0.19 acre average) is reflected in the estimate. The active market in TRAVIS HEIGHTS includes 4 comparable homes priced from $995,000 to $2,150,000. The trend in TRAVIS HEIGHTS shows prices have fallen 11.8% in the past 6 months. 1800 Alta Vista Ave, Austin TX 78704 nearby adjusts to $1,110,891; with a smaller floor plan. Based on 5 relevant data points in TRAVIS HEIGHTS, 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