2701 Pectoral DR, Austin TX 78748

Based on 7 closed sales in PHEASANT RUN, the data points to a value around $395,250 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $308,000 to $318,000. This pricing would rank the home as the most expensive of 4 comparable homes on the market in PHEASANT RUN's current inventory. Being 136 sqft smaller than the average comparable sale in this area impacts the per square foot value. Current inventory shows 4 comparable homes in PHEASANT RUN; a balanced market based on recent absorption. Market data shows PHEASANT RUN prices fallen 5.8% over the last half year. The closest comparable sale, 2809 Wilcrest DR, Austin TX 78748 at an adjusted $437,031, is a strong comparable. This estimate draws on 7 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