1409 Canterbury ST, Austin TX 78702

After reviewing 7 recent transactions in WELCH, I estimate this property's value at $499,757. A competitive list price for this home right now would fall in the $332,000 to $342,000 range. This home's position in the current WELCH market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. At 65 years older than typical comps, the 1915 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.11) contributes to the valuation. Right now, 3 similar properties are competing for buyers in WELCH, listed between $319,900 and $995,000. Prices in 78702 have fallen 3.1% over the last 6 months. A similar home at 2312 Canterbury St #A, Austin TX 78702 carries an adjusted comparable value of $542,072, providing a strong data point. With 7 comparable sales in WELCH, 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