2007 Alamo ST, Austin TX 78722

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $389,813. I'd recommend coming to market at $327,000 to $337,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in JOHNS C, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The smaller floor plan (350 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1925, this home is 7 years older than the average comp, which is reflected in the adjustments. The active market in JOHNS C includes 4 comparable homes priced from $335,000 to $485,000. The trend in JOHNS C shows prices have risen 10.8% in the past 6 months. 1906 E 21st ST, Austin TX 78722 nearby adjusts to $423,165; with a larger floor plan. Based on 7 relevant data points in JOHNS C, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX