4805 Eilers Ave, Austin TX 78751

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $989,011. I'd recommend coming to market at $1,207,000 to $1,304,000 to strike the right balance between value and market velocity. Against 7 similar active listings in PATTERSON HEIGHTS, this price point lands at the 2nd least expensive of 7 comparable homes on the market. At 230 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1950, this home is 40 years older than the average comp, which is reflected in the adjustments. Buyers in PATTERSON HEIGHTS have 7 comparable options right now, with asking prices between $1,095,000 and $1,424,000. The trend in 78751 shows prices have risen 5.8% in the past 6 months. 602 E 48th ST, Austin TX 78751 nearby adjusts to $603,225; with a smaller floor plan. Based on 7 relevant data points in PATTERSON HEIGHTS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX