3703 Harmon Ave # 202, Austin TX 78705

The market data from 4 similar recent sales in JOHNSONS L points to a value of approximately $211,324. To sell within a reasonable timeframe at fair market value, the $229,000 to $245,000 range is where I'd position this. In the current JOHNSONS L market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 1969 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in JOHNSONS L; a buyer's market based on recent absorption. In 78705, home values have fallen approximately 11.7% over the past 6 months. One of the strongest data points is 3110 Red River ST # 212, Austin TX 78705, adjusting to $226,845; a strong comparable. 4 comparable transactions in JOHNSONS L 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