509 Sacramento, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $793,470. For a well positioned listing in SOUTH PARK, I'd target the $551,000 to $561,000 range. With 7 comparable homes on the market in SOUTH PARK, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Being 274 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1955 construction puts this home 5 years older than the comp average, a factor in the pricing. The active market in SOUTH PARK includes 7 comparable homes priced from $570,000 to $1,375,000. Recent trends in SOUTH PARK show home values have risen 70% since 6 months ago. The most comparable recent sale is 3006 Brinwood Ave, Austin TX 78704, with an adjusted value of $1,027,732; with a larger floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group