1803 E 16th ST # A, Austin TX 78702

After reviewing 5 recent transactions in JOHNS C, I estimate this property's value at $504,480. A competitive list price for this home right now would fall in the $332,000 to $342,000 range. This home's position in the current JOHNS C market: the most expensive of 3 comparable homes on the market among comparable properties. At 101 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 3 comparable homes in JOHNS C; a balanced market based on recent absorption. Prices in JOHNS C have risen 40.9% over the last 6 months. A similar home at 2205 Coleto ST, Austin TX 78722 carries an adjusted comparable value of $512,543, providing a strong data point. With 5 comparable sales in JOHNS C, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group