7304 A Marcell ST # A, Austin TX 78752

The estimated value of this property is $644,420, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $310,000 and $320,000. With 7 comparable homes on the market in JOHNSON HEIGHTS, this price positions the property as the most expensive of 7 comparable homes on the market. Built in 2006, this home is 30 years newer than the average comp, which is reflected in the adjustments. The 0.42 acre lot (larger than the 0.19 acre average) is reflected in the estimate. With 7 similar homes currently listed in JOHNSON HEIGHTS (a buyer's market), competition is a factor to consider. Recent trends in 78752 show home values have risen 4.1% since 6 months ago. The most comparable recent sale is 623 Amesbury LN, Austin TX 78752, with an adjusted value of $763,980; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group