2201 E 22nd ST, Austin TX 78722

Based on 7 closed sales in JOHNS C, the data points to a value around $774,096 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $561,000 to $571,000. Relative to what's currently available in JOHNS C, this home would be the 2nd most expensive of 7 comparable homes on the market. At 309 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1941 (36 years older than comps) is factored into the value estimate. There are currently 7 similar homes on the market in JOHNS C, ranging from $525,000 to $925,000. Market data shows JOHNS C prices risen 10.8% over the last half year. The closest comparable sale, 1704 Singleton Ave, Austin TX 78702 at an adjusted $724,622, is 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