2217 Lou John ST, Austin TX 78727

Reviewing the most recent comparable transactions, this home's market value falls around $445,815. For a well positioned listing in WOODS CENTURY PARK, I'd target the $506,000 to $512,000 range. In the current WOODS CENTURY PARK market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (274 sqft vs the comp average) plays a role in how the market prices it. The 2003 construction puts this home 7 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in WOODS CENTURY PARK, listed between $449,000 and $725,000. Recent trends in 78727 show home values have fallen 6% since 6 months ago. The most comparable recent sale is 14921 Doria DR, Austin TX 78728, with an adjusted value of $473,414; with a larger floor plan. The 5 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