401 Delmar Ave, Austin TX 78752

The estimated value of this property is $448,774, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $258,000 and $268,000. With 7 comparable homes on the market in ST JOHNS HOME, this price positions the property as the most expensive of 7 comparable homes on the market. The smaller floor plan (221 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2000, this home is 18 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in ST JOHNS HOME (a buyer's market), competition is a factor to consider. Recent trends in 78752 show home values have risen 25.7% since 6 months ago. The most comparable recent sale is 403 Delmar Ave, Austin TX 78752, with an adjusted value of $310,522; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group