2943 Pannell ST, Austin TX 78722

The market data from 7 similar recent sales in PANNELL PLACE points to a value of approximately $400,756. To sell within a reasonable timeframe at fair market value, the $291,000 to $301,000 range is where I'd position this. Against 7 similar active listings in PANNELL PLACE, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 1948 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.19 acres, the lot is larger than the 0.08 acre comp average, which factors into pricing. Buyers in PANNELL PLACE have 7 comparable options right now, with asking prices between $289,900 and $499,000. In 78722, home values have fallen approximately 12.2% over the past 6 months. One of the strongest data points is 1210 Coleto ST, Austin TX 78702, adjusting to $543,821; a strong comparable. 7 comparable transactions in PANNELL PLACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group