608 E 49th ST, Austin TX 78751

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $1,542,773. Pricing this home between $1,148,000 and $1,158,000 would put it in the competitive sweet spot for WALLACE JP. This home's position in the current WALLACE JP market: the 4th most expensive of 7 comparable homes on the market among comparable properties. Being 476 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.23 acres versus the area average of 0.16) contributes to the valuation. Right now, 7 similar properties are competing for buyers in WALLACE JP, listed between $999,900 and $2,350,000. Market data shows 78751 prices risen 5.8% over the last half year. The closest comparable sale, 615 E 49th ST, Austin TX 78751 at an adjusted $1,285,365, is with a smaller floor plan. With 5 comparable sales in WALLACE JP, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group