2621 W 49th ST, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,098,215. For a well positioned listing in SHOALMONT, I'd target the $574,000 to $584,000 range. Against 6 similar active listings in SHOALMONT, this price point lands at the 2nd most expensive of 6 comparable homes on the market. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. At 0.27 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in SHOALMONT; a seller's market based on recent absorption. Recent trends in SHOALMONT show home values have risen 6.7% since 6 months ago. The most comparable recent sale is 4914 Strass DR, Austin TX 78731, with an adjusted value of $923,875; with no pool. 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