517 Pecan Grove RD, Austin TX 78704

Based on 5 closed sales in WOODLAWN, the data points to a value around $1,041,089 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $577,000 to $587,000. Buyers shopping in WOODLAWN right now would see this as a well positioned option among 7 comparable homes. Being built in 1924 (7 years older than comps) is factored into the value estimate. Lot size matters here: 0.22 acres versus 0.19 for the typical comp. 7 similar homes are currently available in WOODLAWN, creating a buyer's market for this price range. Market data shows 78704 prices fallen 4.7% over the last half year. The closest comparable sale, 2107 Eva ST, Austin TX 78704 at an adjusted $858,310, is a strong comparable. The strength of this estimate comes from 5 directly comparable sales in WOODLAWN. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group