3502 Pennsylvania Ave # 2, Austin TX 78721

Based on 7 closed sales in 78721, the data points to a value around $668,332 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $414,000 to $424,000. Relative to what's currently available in 78721, this home would be the 2nd most expensive of 5 comparable homes on the market. The 154 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 5 comparable homes in 78721; a buyer's market based on recent absorption. Market data shows 78721 prices risen 8.9% over the last half year. The closest comparable sale, 5109 Stone Gate DR # 1, Austin TX 78721 at an adjusted $579,235, is with a pool. The strength of this estimate comes from 7 directly comparable sales in 78721. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group