302 Delmar Ave # A, Austin TX 78752

After reviewing 3 recent transactions in ST JOHNS HOME, I estimate this property's value at $495,703. A competitive list price for this home right now would fall in the $280,000 to $290,000 range. This home's position in the current ST JOHNS HOME market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (352 sqft vs the comp average) plays a role in how the market prices it. At 6 years older than typical comps, the 2017 build date influences the valuation. 7 similar homes are currently available in ST JOHNS HOME, creating a buyer's market for this price range. Prices in 78752 have fallen 28.6% over the last 6 months. A similar home at 600 Blackson Ave # 2, Austin TX 78752 carries an adjusted comparable value of $516,811, providing a strong data point. With 3 comparable sales in ST JOHNS HOME, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group