7 recent sales within a mile of this address suggest a current value of $663,144. My recommended list price range for this property would be $436,000 to $446,000. With 6 comparable homes on the market in WATERSTREET LOFTS, this price positions the property as the most expensive of 6 comparable homes on the market. This home's smaller footprint (115 sqft vs the comp average) plays a role in how the market prices it. Built in 2007, this home is 16 years newer than the average comp, which is reflected in the adjustments. Buyers in WATERSTREET LOFTS have 6 comparable options right now, with asking prices between $424,900 and $589,950. In 78702, home values have risen approximately 1.5% over the past 6 months. One of the strongest data points is 1102 Tillery ST # 1, Austin TX 78702, adjusting to $531,144; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
