1007 Willow ST, Austin TX 78702

The market data from 7 similar recent sales in 78702 points to a value of approximately $770,688. To sell within a reasonable timeframe at fair market value, the $927,000 to $932,000 range is where I'd position this. In the current 78702 market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Being 147 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1906 construction puts this home 94 years older than the comp average, a factor in the pricing. The active market in 78702 includes 7 comparable homes priced from $674,999 to $1,500,000. In 78702, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 1401 E 3rd ST # 1, Austin TX 78702, adjusting to $883,957; a strong comparable. The 7 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