607 W St Johns Ave # 5, Austin TX 78752

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $489,308. To generate strong buyer interest while maximizing value, I'd price this between $475,000 and $504,000. With 7 comparable homes on the market in 607 W ST JOHNS CONDOS, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (101 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.05 acres, the lot is smaller than the 0.10 acre comp average, which factors into pricing. With 7 similar homes currently listed in 607 W ST JOHNS CONDOS (a buyer's market), competition is a factor to consider. The trend in 78752 shows prices have risen 19.2% in the past 6 months. 503 Swanee DR # 11, Austin TX 78752 nearby adjusts to $322,099; with a larger floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group