1405 Canterbury ST, Austin TX 78702

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $706,405. I'd recommend coming to market at $796,000 to $826,000 to strike the right balance between value and market velocity. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in WELCH. At 110 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1912, this home is 51 years older than the average comp, which is reflected in the adjustments. Buyers in WELCH have 7 comparable options right now, with asking prices between $650,000 and $1,500,000. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 1404 Garden ST # 2B, Austin TX 78702 nearby adjusts to $535,245; a strong comparable. Based on 7 relevant data points in WELCH, 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