2002 Paramount Ave, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $2,053,828. For a well positioned listing in CANNIZZO, I'd target the $1,751,000 to $1,761,000 range. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in CANNIZZO. At 276 sqft larger than the typical comp, the size difference factors into the valuation. At 0.38 acres, the lot is larger than the 0.31 acre comp average, which factors into pricing. The active market in CANNIZZO includes 7 comparable homes priced from $1,690,000 to $2,970,000. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 3606 Winfield CV, Austin TX 78704, with an adjusted value of $1,087,339; a strong comparable. The 3 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