6323 Thurgood Ave, Austin TX 78721

The market data from 3 similar recent sales in JOHNSTON TERRACE points to a value of approximately $609,945. To sell within a reasonable timeframe at fair market value, the $469,000 to $479,000 range is where I'd position this. With 3 comparable homes on the market in JOHNSTON TERRACE, this price positions the property as the most expensive of 3 comparable homes on the market. Being 113 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.22 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in JOHNSTON TERRACE, ranging from $450,000 to $515,000. In 78721, home values have risen approximately 8.9% over the past 6 months. One of the strongest data points is 914 Bret LN, Austin TX 78721, adjusting to $505,348; with a smaller floor plan. The 3 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