1012 Willow ST, Austin TX 78702

After reviewing 3 recent transactions in M K &, I estimate this property's value at $554,400. A competitive list price for this home right now would fall in the $314,000 to $324,000 range. This pricing would rank the home as the most expensive of 4 comparable homes on the market in M K &'s current inventory. The larger lot (0.15 acres versus the area average of 0.11) contributes to the valuation. The active market in M K & includes 4 comparable homes priced from $319,999 to $495,000. Prices in 78702 have fallen 2.2% over the last 6 months. A similar home at 1602 Canterbury ST, Austin TX 78702 carries an adjusted comparable value of $558,908, providing a strong data point. With 3 comparable sales in M K &, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group