1506 Pennsylvania Ave, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $572,263. I'd recommend coming to market at $436,000 to $446,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in KEALING. Built in 1968, this home is 10 years older than the average comp, which is reflected in the adjustments. The 0.19 acre lot (larger than the 0.13 acre average) is reflected in the estimate. With 7 similar homes currently listed in KEALING (a buyer's market), competition is a factor to consider. The trend in 78702 shows prices have risen 1.1% in the past 6 months. 2503 Bryan ST, Austin TX 78702 nearby adjusts to $698,177; a strong comparable. Based on 7 relevant data points in KEALING, 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