608 E 48th ST, Austin TX 78751

Taking into account 5 nearby comparable sales, this property's estimated value comes to $919,815. If we were to list this property today, I'd recommend a list price in the $892,000 to $947,000 range. This home's position in the current PATTERSON HEIGHTS market: the most affordable of 3 comparable homes on the market among comparable properties. The larger floor plan (307 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1954 (5 years newer than comps) is factored into the value estimate. With 3 similar homes currently listed in PATTERSON HEIGHTS (a buyer's market), competition is a factor to consider. The 6 month price trend in 78751: risen 5.8%. The best comp here is 5414 Duval ST, Austin TX 78751 at an adjusted value of $977,661, a strong comparable. The strength of this estimate comes from 5 directly comparable sales in PATTERSON HEIGHTS. 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