1308 Concho ST, Austin TX 78702

The market data from 7 similar recent sales in JOHNS C points to a value of approximately $462,734. To sell within a reasonable timeframe at fair market value, the $199,000 to $209,000 range is where I'd position this. With 7 comparable homes on the market in JOHNS C, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 1926 construction puts this home 34 years older than the comp average, a factor in the pricing. At 0.06 acres, the lot is smaller than the 0.11 acre comp average, which factors into pricing. The active market in JOHNS C includes 7 comparable homes priced from $219,900 to $559,000. In JOHNS C, home values have risen approximately 40.9% over the past 6 months. One of the strongest data points is 1906 E 21st ST, Austin TX 78722, adjusting to $447,645; a strong comparable. 7 comparable transactions in JOHNS C 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