1907 Paramount Ave, Austin TX 78704

The market data from 4 similar recent sales in CANNIZZO points to a value of approximately $1,143,867. To sell within a reasonable timeframe at fair market value, the $939,000 to $949,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in CANNIZZO. The 1951 construction puts this home 5 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in CANNIZZO, ranging from $875,000 to $2,195,000. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 2018 Ford ST, Austin TX 78704, adjusting to $803,790; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group