503 Philco, Austin TX 78745

My analysis of 7 comparable properties puts this home's estimated value at $798,669. Based on how the local market is moving, a list price between $997,000 and $1,097,000 would position this home well. This would position the home competitively among 7 active listings in ALAMO HEIGHTS. Being 148 sqft larger than the average comparable sale in this area impacts the per square foot value. At 48 years older than typical comps, the 1958 build date influences the valuation. Current inventory shows 7 comparable homes in ALAMO HEIGHTS; a buyer's market based on recent absorption. The 6 month price trend in 78745: fallen 5.2%. The best comp here is 613 Clifford DR # B, Austin TX 78745 at an adjusted value of $629,310, with a smaller floor plan. With 7 comparable sales in ALAMO HEIGHTS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group