2826 Pearl ST, Austin TX 78705

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $398,648. To generate strong buyer interest while maximizing value, I'd price this between $318,000 and $328,000. In the current BYRNES JAMES market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Being 108 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1927 construction puts this home 41 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in BYRNES JAMES (a buyer's market), competition is a factor to consider. The trend in 78705 shows prices have fallen 11.7% in the past 6 months. 1211 Georgian ST, Austin TX 78756 nearby adjusts to $468,510; a strong comparable. 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