2008 Poquito ST, Austin TX 78722

The market data from 7 similar recent sales in JOHNS C points to a value of approximately $383,666. To sell within a reasonable timeframe at fair market value, the $181,000 to $191,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 6 comparable homes on the market comparable homes currently on the market in JOHNS C. The 1935 construction puts this home 10 years older than the comp average, a factor in the pricing. At 0.13 acres, the lot is larger than the 0.09 acre comp average, which factors into pricing. With 6 similar homes currently listed in JOHNS C (a balanced market), competition is a factor to consider. In JOHNS C, home values have risen approximately 40.9% over the past 6 months. One of the strongest data points is 1303 Walnut Ave, Austin TX 78702, adjusting to $461,111; 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