1509 Canterbury ST, Austin TX 78702

Taking into account 7 nearby comparable sales, this property's estimated value comes to $507,227. If we were to list this property today, I'd recommend a list price in the $441,000 to $451,000 range. This would position the home competitively among 4 active listings in WELCH. Being built in 1925 (35 years older than comps) is factored into the value estimate. Lot size matters here: 0.13 acres versus 0.09 for the typical comp. Current inventory shows 4 comparable homes in WELCH; a buyer's market based on recent absorption. The 6 month price trend in 78702: fallen 7.8%. The best comp here is 1602 Canterbury ST, Austin TX 78702 at an adjusted value of $527,780, a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus