1900 Paramount Ave, Austin TX 78704

Based on 4 closed sales in CANNIZZO, the data points to a value around $1,247,613 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,424,000 to $1,536,000. Buyers shopping in CANNIZZO right now would see this as a well positioned option among 7 comparable homes. The larger floor plan (233 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in CANNIZZO includes 7 comparable homes priced from $989,999 to $1,950,000. Market data shows 78704 prices fallen 0.7% over the last half year. The closest comparable sale, 2111 Wright ST, Austin TX 78704 at an adjusted $1,336,182, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in CANNIZZO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group