Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $327,798. To generate strong buyer interest while maximizing value, I'd price this between $318,000 and $338,000. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in CANTERBURY. At 118 sqft smaller than the typical comp, the size difference factors into the valuation. With 4 similar homes currently listed in CANTERBURY (a balanced market), competition is a factor to consider. The trend in CANTERBURY shows prices have fallen 2.7% in the past 6 months. 11317 Pardoners Tale LN, Austin TX 78748 nearby adjusts to $347,356; a strong comparable. 4 comparable transactions in CANTERBURY 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