2610 Pembrook, Austin TX 78731

Based on 4 closed sales in 78731, the data points to a value around $1,122,409 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $781,000 to $791,000. Buyers shopping in 78731 right now would see this as a well positioned option among 5 comparable homes. Being 207 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1956 (5 years newer than comps) is factored into the value estimate. Current inventory shows 5 comparable homes in 78731; a buyer's market based on recent absorption. Market data shows 78731 prices fallen 15.3% over the last half year. The closest comparable sale, 2809 W 50th ST, Austin TX 78731 at an adjusted $1,136,411, is with a smaller floor plan. The strength of this estimate comes from 4 directly comparable sales in 78731. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group