1602 Edgewood Ave, Austin TX 78722

The market data from 7 similar recent sales in UPLAND points to a value of approximately $837,584. To sell within a reasonable timeframe at fair market value, the $735,000 to $745,000 range is where I'd position this. Among the similar homes currently available in UPLAND, this price point stands out as competitive. The 198 sqft size difference versus comparable sales is reflected in the adjusted values. The 1948 construction puts this home 34 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in UPLAND; a balanced market based on recent absorption. In 78722, home values have fallen approximately 14.7% over the past 6 months. One of the strongest data points is 1303 Wilshire BLVD, Austin TX 78722, adjusting to $989,714; with a smaller floor plan. 7 comparable transactions in UPLAND 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