716 JEWELL, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $856,619. For a well positioned listing in SOUTH HEIGHTS, I'd target the $938,000 to $947,000 range. With 3 comparable homes on the market in SOUTH HEIGHTS, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (125 sqft vs the comp average) plays a role in how the market prices it. The 2003 construction puts this home 5 years older than the comp average, a factor in the pricing. With 3 similar homes currently listed in SOUTH HEIGHTS (a buyer's market), competition is a factor to consider. Recent trends in SOUTH HEIGHTS show home values have risen 11% since 6 months ago. The most comparable recent sale is 815 W Gibson ST, Austin TX 78704, with an adjusted value of $938,001; with a larger floor plan. 7 comparable transactions in SOUTH HEIGHTS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group