1603 Preston Ave, Austin TX 78703

My analysis of 5 comparable properties puts this home's estimated value at $1,387,635. Based on how the local market is moving, a list price between $784,000 and $794,000 would position this home well. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in PEMBERTON HEIGHTS's current inventory. The larger floor plan (209 sqft compared to the average comp) is a meaningful differentiator in this price range. At 8 years older than typical comps, the 1940 build date influences the valuation. Buyers in PEMBERTON HEIGHTS have 7 comparable options right now, with asking prices between $809,900 and $2,495,000. The 6 month price trend in 78703: fallen 9.3%. The best comp here is 2208 Mountain View RD, Austin TX 78703 at an adjusted value of $1,600,573, with a smaller floor plan. With 5 comparable sales in PEMBERTON HEIGHTS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group