550 Pemberton WAY, Austin TX 78737

Based on 4 closed sales in 78737, the data points to a value around $1,193,752 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,158,000 to $1,230,000. Relative to what's currently available in 78737, this home would be below the only comparable home currently on the market. Being 179 sqft larger than the average comparable sale in this area impacts the per square foot value. A pool adds market appeal. Only 4 minus 1 of the comps had one. Current inventory shows 1 comparable homes in 78737; a balanced market based on recent absorption. Market data shows 78737 prices fallen 4.7% over the last half year. The closest comparable sale, 713 OAKWOOD LN, Dripping Springs TX 78620 at an adjusted $1,375,373, is with a larger floor plan. The strength of this estimate comes from 4 directly comparable sales in 78737. 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