505 Deep Eddy Ave, Austin TX 78703

Based on 3 closed sales in JOHNSON CHARLES, the data points to a value around $2,599,688 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,973,000 to $1,983,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in JOHNSON CHARLES's current inventory. This home's larger footprint (569 sqft vs the comp average) plays a role in how the market prices it. Being built in 2006 (8 years older than comps) is factored into the value estimate. Buyers in JOHNSON CHARLES have 3 comparable options right now, with asking prices between $1,995,000 and $4,495,000. Market data shows 78703 prices fallen 9.3% over the last half year. The closest comparable sale, 3709 Windsor RD, Austin TX 78703 at an adjusted $2,749,432, is with a smaller floor plan and a pool. The strength of this estimate comes from 3 directly comparable sales in JOHNSON CHARLES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group