752 Pedernales ST, Austin TX 78702

Based on 7 closed sales in LINCOLN PLACE, the data points to a value around $464,437 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $393,000 to $403,000. Buyers shopping in LINCOLN PLACE right now would see this as a well positioned option among 7 comparable homes. Being built in 1922 (62 years older than comps) is factored into the value estimate. Lot size matters here: 0.12 acres versus 0.05 for the typical comp. There are currently 7 similar homes on the market in LINCOLN PLACE, ranging from $360,000 to $749,000. Market data shows 78702 prices fallen 5.9% over the last half year. The closest comparable sale, 2202 E 2 1/2 ST, Austin TX 78702 at an adjusted $615,695, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus