603 Pecan Grove RD, Austin TX 78704

The market data from 7 similar recent sales in WOODLAWN points to a value of approximately $922,431. To sell within a reasonable timeframe at fair market value, the $674,000 to $684,000 range is where I'd position this. With 7 comparable homes on the market in WOODLAWN, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 0.22 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in WOODLAWN, listed between $675,000 and $1,150,000. In 78704, home values have fallen approximately 3.5% over the past 6 months. One of the strongest data points is 1304 Travis Heights BLVD, Austin TX 78704, adjusting to $1,391,046; a strong comparable. The 7 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