1514 Westover RD, Austin TX 78703

The market data from 7 similar recent sales in EDGEMONT points to a value of approximately $1,835,809. To sell within a reasonable timeframe at fair market value, the $2,215,000 to $2,226,000 range is where I'd position this. Against 7 similar active listings in EDGEMONT, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (559 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1938 construction puts this home 16 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in EDGEMONT (a buyer's market), competition is a factor to consider. In 78703, home values have fallen approximately 9.3% over the past 6 months. One of the strongest data points is 2712 Oakhurst Ave, Austin TX 78703, adjusting to $1,952,246; with a pool. 7 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