2212 Rountree DR, Austin TX 78722

After reviewing 3 recent transactions in PANNELL PLACE, I estimate this property's value at $440,390. A competitive list price for this home right now would fall in the $187,000 to $197,000 range. Relative to what's currently available in PANNELL PLACE, this home would be the most expensive of 7 comparable homes on the market. Being 123 sqft larger than the average comparable sale in this area impacts the per square foot value. There are currently 7 similar homes on the market in PANNELL PLACE, ranging from $170,000 to $499,000. Prices in 78722 have fallen 15.5% over the last 6 months. A similar home at 1303 Walnut Ave, Austin TX 78702 carries an adjusted comparable value of $493,701, providing a strong data point. With 3 comparable sales in PANNELL PLACE, 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