616 W Saint Johns Ave, Austin TX 78752

After reviewing 7 recent transactions in WALLACE, I estimate this property's value at $289,445. A competitive list price for this home right now would fall in the $227,000 to $237,000 range. This home's position in the current WALLACE market: the 0th most expensive of 2 comparable homes on the market among comparable properties. The 335 sqft size difference versus comparable sales is reflected in the adjusted values. At 7 years older than typical comps, the 1948 build date influences the valuation. 2 similar homes are currently available in WALLACE, creating a buyer's market for this price range. Prices in 78752 have fallen 13% over the last 6 months. A similar home at 7202 Marcell ST, Austin TX 78752 carries an adjusted comparable value of $340,176, 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