2214 Rountree DR, Austin TX 78722

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $409,368. To generate strong buyer interest while maximizing value, I'd price this between $296,000 and $306,000. Among the similar homes currently available in PANNELL PLACE, this price point stands out as competitive. The 1948 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.17 acres, the lot is larger than the 0.08 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in PANNELL PLACE; a buyer's market based on recent absorption. The trend in 78722 shows prices have fallen 11.5% in the past 6 months. 1303 Walnut Ave, Austin TX 78702 nearby adjusts to $517,419; with a smaller floor plan. 7 comparable transactions in PANNELL PLACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group