407 W Saint Johns Ave, Austin TX 78752

My analysis of 6 comparable properties puts this home's estimated value at $394,296. Based on how the local market is moving, a list price between $163,000 and $173,000 would position this home well. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in 78752's current inventory. The smaller floor plan (147 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.21 acres versus the area average of 0.18) contributes to the valuation. With 7 similar homes currently listed in 78752 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78752: risen 11.4%. The best comp here is 7000 Rufus DR, Austin TX 78752 at an adjusted value of $314,980, a strong comparable. With 6 comparable sales in 78752, 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