2707 Pecos ST, Austin TX 78703

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $2,792,453. I'd recommend coming to market at $4,404,000 to $5,811,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in BROWN HERMAN. This home's larger footprint (592 sqft vs the comp average) plays a role in how the market prices it. The 0.37 acre lot (larger than the 0.32 acre average) is reflected in the estimate. The active market in BROWN HERMAN includes 7 comparable homes priced from $2,760,000 to $7,999,999. The trend in BROWN HERMAN shows prices have fallen 48.3% in the past 6 months. 3403 Northwood CIR, Austin TX 78703 nearby adjusts to $2,288,526; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group