2502 Park View DR, Austin TX 78757

Based on 5 closed sales in EDGEWOOD, the data points to a value around $852,763 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $369,000 to $379,000. This home's position in the current EDGEWOOD market: the most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (1,125 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1954 (22 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in EDGEWOOD; a seller's market based on recent absorption. Market data shows EDGEWOOD prices fallen 20.4% over the last half year. The closest comparable sale, 6700 Vine ST, Austin TX 78757 at an adjusted $692,000, is with a larger floor plan. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus