611 W Johanna ST, Austin TX 78704

The market data from 6 similar recent sales in BOULDIN JAMES points to a value of approximately $948,154. To sell within a reasonable timeframe at fair market value, the $1,070,000 to $1,149,000 range is where I'd position this. With 7 comparable homes on the market in BOULDIN JAMES, this price positions the property as the most affordable of 7 comparable homes on the market. The smaller floor plan (114 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 7 comparable homes in BOULDIN JAMES; a buyer's market based on recent absorption. In 78704, home values have fallen approximately 2.8% over the past 6 months. One of the strongest data points is 705 W Johanna ST # B, Austin TX 78704, adjusting to $897,750; with a larger floor plan. 6 comparable transactions in BOULDIN JAMES 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