707 Valdez ST, Austin TX 78741

Based on 7 closed sales in PEARSON PLACE, the data points to a value around $307,161 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $427,000 to $429,000. Buyers shopping in PEARSON PLACE right now would see this as a well positioned option among 7 comparable homes. This home's larger footprint (233 sqft vs the comp average) plays a role in how the market prices it. Being built in 1962 (26 years older than comps) is factored into the value estimate. The active market in PEARSON PLACE includes 7 comparable homes priced from $329,000 to $597,000. Market data shows PEARSON PLACE prices risen 27.7% over the last half year. The closest comparable sale, 703 Valdez ST, Austin TX 78741 at an adjusted $215,080, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in PEARSON PLACE. 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