1602 Perez # B, Austin TX 78721

The estimated value of this property is $698,378, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $573,000 and $583,000. In the current PAN TEXAS EAST market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The 223 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.29 acre lot (larger than the 0.22 acre average) is reflected in the estimate. The active market in PAN TEXAS EAST includes 3 comparable homes priced from $520,000 to $700,000. Recent trends in 78721 show home values have fallen 5% since 6 months ago. The most comparable recent sale is 1206 Deloney ST # B, Austin TX 78721, with an adjusted value of $665,028; a strong comparable. With 4 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