2006 Poquito ST, Austin TX 78722

The market data from 7 similar recent sales in JOHNS C points to a value of approximately $409,550. To sell within a reasonable timeframe at fair market value, the $165,000 to $175,000 range is where I'd position this. With 7 comparable homes on the market in JOHNS C, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 155 sqft smaller than the typical comp, the size difference factors into the valuation. The 1935 construction puts this home 7 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in JOHNS C, listed between $160,000 and $450,000. In 78722, home values have fallen approximately 1.5% over the past 6 months. One of the strongest data points is 1303 Walnut Ave, Austin TX 78702, adjusting to $461,006; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group