1502 Westover RD, Austin TX 78703

The market data from 6 similar recent sales in EDGEMONT points to a value of approximately $1,300,043. To sell within a reasonable timeframe at fair market value, the $689,000 to $699,000 range is where I'd position this. In the current EDGEMONT market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 1933 construction puts this home 5 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in EDGEMONT, listed between $625,000 and $1,300,000. In 78703, home values have fallen approximately 9.3% over the past 6 months. One of the strongest data points is 1603 Westover RD, Austin TX 78703, adjusting to $1,637,865; with a pool. 6 comparable transactions in EDGEMONT support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group