4617 S 1st ST, Austin TX 78745

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $424,104. I'd recommend coming to market at $281,000 to $291,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in ALAMO HEIGHTS, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. The 0.38 acre lot (larger than the 0.21 acre average) is reflected in the estimate. Right now, 5 similar properties are competing for buyers in ALAMO HEIGHTS, listed between $272,000 and $475,000. The trend in 78745 shows prices have risen 2.2% in the past 6 months. 412 Thistlewood DR, Austin TX 78745 nearby adjusts to $406,807; a strong comparable. With 5 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