706 Patterson Ave, Austin TX 78703

7 recent sales within half a mile of this address suggest a current value of $1,295,089. My recommended list price range for this property would be $1,566,000 to $1,656,000. Against 7 similar active listings in WEST END HEIGHTS, this price point lands at the 2nd least expensive of 7 comparable homes on the market. At 273 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1923, this home is 41 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in WEST END HEIGHTS (a buyer's market), competition is a factor to consider. In 78703, home values have fallen approximately 9.3% over the past 6 months. One of the strongest data points is 1507 Parkway, Austin TX 78703, adjusting to $793,459; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group