2007 Paramount Ave, Austin TX 78704

My analysis of 3 comparable properties puts this home's estimated value at $1,188,563. Based on how the local market is moving, a list price between $1,377,000 and $1,459,000 would position this home well. Buyers shopping in 78704 right now would see this as a well positioned option among 7 comparable homes. At 220 sqft larger than the typical comp, the size difference factors into the valuation. The active market in 78704 includes 7 comparable homes priced from $1,099,999 to $1,895,000. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 3501 Fleetwood DR, Austin TX 78704 at an adjusted value of $884,833, with a smaller floor plan. The comp data here (3 sales in 78704) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus