16 N Peak, Austin TX 78746

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,421,363. I'd recommend coming to market at $901,000 to $911,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in HILL H, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. Built in 1946, this home is 24 years older than the average comp, which is reflected in the adjustments. The 0.97 acre lot (larger than the 0.56 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in HILL H, listed between $875,000 and $1,700,000. The trend in 78746 shows prices have risen 6.5% in the past 6 months. 5007 Rollingwood DR, Rollingwood TX 78746 nearby adjusts to $1,508,155; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group