2614 W 49th ST, Austin TX 78731

My analysis of 5 comparable properties puts this home's estimated value at $897,754. Based on how the local market is moving, a list price between $575,000 and $585,000 would position this home well. Relative to what's currently available in SHOALMONT, this home would be the most expensive of 3 comparable homes on the market. Being 151 sqft smaller than the average comparable sale in this area impacts the per square foot value. Current inventory shows 3 comparable homes in SHOALMONT; a seller's market based on recent absorption. The 6 month price trend in SHOALMONT: risen 7.2%. The best comp here is 5423 Shoalwood Ave, Austin TX 78756 at an adjusted value of $822,137, with a larger floor plan. With 5 comparable sales in SHOALMONT, 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