1801 E 16th ST, Austin TX 78702

Taking into account 7 nearby comparable sales, this property's estimated value comes to $412,477. If we were to list this property today, I'd recommend a list price in the $304,000 to $314,000 range. This would position the home competitively among 7 active listings in JOHNS C. Being built in 1920 (21 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in JOHNS C; a balanced market based on recent absorption. The 6 month price trend in JOHNS C: risen 40.9%. The best comp here is 1906 E 21st ST, Austin TX 78722 at an adjusted value of $421,819, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in JOHNS C. 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