1312 Willow ST, Austin TX 78702

The market data from 7 similar recent sales in CANTERBURY SQUARE points to a value of approximately $464,891. To sell within a reasonable timeframe at fair market value, the $393,000 to $403,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in CANTERBURY SQUARE. At 100 sqft smaller than the typical comp, the size difference factors into the valuation. The 1932 construction puts this home 47 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in CANTERBURY SQUARE; a buyer's market based on recent absorption. In 78702, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 1602 Canterbury ST, Austin TX 78702, adjusting to $517,211; a strong comparable. 7 comparable transactions in CANTERBURY SQUARE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group