2615 Stacy LN, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $449,520. For a well positioned listing in PEARSON, I'd target the $593,000 to $749,000 range. Against 3 similar active listings in PEARSON, this price point lands at the most affordable of 3 comparable homes on the market. At 362 sqft smaller than the typical comp, the size difference factors into the valuation. The 1954 construction puts this home 7 years older than the comp average, a factor in the pricing. The active market in PEARSON includes 3 comparable homes priced from $725,000 to $999,000. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 2609 S 3rd ST, Austin TX 78704, with an adjusted value of $592,858; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group