507 E 49th ST, Austin TX 78751

The estimated value of this property is $505,415, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $246,000 and $256,000. Among the similar homes currently available in PATTERSON HEIGHTS ANNEX, this price point stands out as competitive. Built in 1954, this home is 6 years newer than the average comp, which is reflected in the adjustments. The 0.21 acre lot (larger than the 0.14 acre average) is reflected in the estimate. With 7 similar homes currently listed in PATTERSON HEIGHTS ANNEX (a buyer's market), competition is a factor to consider. Recent trends in 78751 show home values have risen 5.8% since 6 months ago. The most comparable recent sale is 4902 Avenue G, Austin TX 78751, with an adjusted value of $501,882; a strong comparable. Based on 7 relevant data points in PATTERSON HEIGHTS ANNEX, 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