1102 Tillery ST, Austin TX 78702

The estimated value of this property is $450,784, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $358,000 and $368,000. Against 7 similar active listings in BURATTI & CHERICO, this price point lands at the 3rd least expensive of 7 comparable homes on the market. This home's smaller footprint (485 sqft vs the comp average) plays a role in how the market prices it. Built in 1942, this home is 54 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in BURATTI & CHERICO, creating a buyer's market for this price range. Recent trends in 78702 show home values have fallen 10.3% since 6 months ago. The most comparable recent sale is 1181 Ridgeway DR, Austin TX 78702, with an adjusted value of $417,743; 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