616 W Saint Johns Ave, Austin TX 78752

After reviewing 7 recent transactions in WALLACE, I estimate this property's value at $279,518. A competitive list price for this home right now would fall in the $156,000 to $166,000 range. This home's position in the current WALLACE market: the most expensive of 6 comparable homes on the market among comparable properties. The 330 sqft size difference versus comparable sales is reflected in the adjusted values. At 10 years older than typical comps, the 1948 build date influences the valuation. 6 similar homes are currently available in WALLACE, creating a buyer's market for this price range. Prices in 78752 have risen 9.2% over the last 6 months. A similar home at 7202 Marcell ST, Austin TX 78752 carries an adjusted comparable value of $340,233, providing a strong data point. The comp data here (7 sales in WALLACE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus