1507 Alameda DR, Austin TX 78704

Based on 7 closed sales in TRAVIS HEIGHTS, the data points to a value around $855,139 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $547,000 to $557,000. This home's position in the current TRAVIS HEIGHTS market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Being built in 1960 (11 years newer than comps) is factored into the value estimate. Lot size matters here: 0.12 acres versus 0.19 for the typical comp. The active market in TRAVIS HEIGHTS includes 7 comparable homes priced from $515,000 to $1,700,000. Market data shows TRAVIS HEIGHTS prices fallen 19.9% over the last half year. The closest comparable sale, 1711 Travis Heights BLVD, Austin TX 78704 at an adjusted $628,633, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in TRAVIS HEIGHTS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group