1508 PENNSYLVANIA Ave, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $812,967. To generate strong buyer interest while maximizing value, I'd price this between $513,000 and $523,000. In the current 78702 market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The 1970 construction puts this home 34 years older than the comp average, a factor in the pricing. At 0.19 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. The active market in 78702 includes 7 comparable homes priced from $499,000 to $1,349,000. The trend in 78702 shows prices have fallen 1.1% in the past 6 months. 2001 Sl Davis Ave, Austin TX 78702 nearby adjusts to $807,112; with a smaller floor plan. 7 comparable transactions in 78702 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