1511 PRESTON, Austin TX 78703

Based on 4 closed sales in PEMBERTON HEIGHTS, the data points to a value around $1,482,209 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $714,000 to $724,000. Relative to what's currently available in PEMBERTON HEIGHTS, this home would be the most expensive of 7 comparable homes on the market. At 112 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.22 acres versus 0.17 for the typical comp. 7 similar homes are currently available in PEMBERTON HEIGHTS, creating a buyer's market for this price range. Market data shows PEMBERTON HEIGHTS prices risen 35% over the last half year. The closest comparable sale, 1603 Westover RD, Austin TX 78703 at an adjusted $1,732,512, is with a pool. The strength of this estimate comes from 4 directly comparable sales in PEMBERTON 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