2201 Lou John ST, Austin TX 78727

The market data from 4 similar recent sales in WOODS CENTURY PARK points to a value of approximately $539,382. To sell within a reasonable timeframe at fair market value, the $638,000 to $666,000 range is where I'd position this. In the current WOODS CENTURY PARK market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The larger floor plan (581 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.26 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in WOODS CENTURY PARK; a buyer's market based on recent absorption. In 78727, home values have fallen approximately 2.3% over the past 6 months. One of the strongest data points is 2308 Lou John ST, Austin TX 78727, adjusting to $529,579; a strong comparable. 4 comparable transactions in WOODS CENTURY PARK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group