906 Koerner LN, Austin TX 78721

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $395,801. I'd recommend coming to market at $554,000 to $568,000 to strike the right balance between value and market velocity. In the current JOHNSTON TERRACE market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Built in 1950, this home is 9 years older than the average comp, which is reflected in the adjustments. The 0.41 acre lot (larger than the 0.22 acre average) is reflected in the estimate. With 7 similar homes currently listed in JOHNSTON TERRACE (a seller's market), competition is a factor to consider. 3409 Kay ST, Austin TX 78702 nearby adjusts to $527,608; a strong comparable. Based on 7 relevant data points in JOHNSTON TERRACE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX