7 recent sales within half a mile of this address suggest a current value of $652,211. My recommended list price range for this property would be $455,000 to $465,000. With 7 comparable homes on the market in WATERSTREET LOFTS, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. This home's smaller footprint (335 sqft vs the comp average) plays a role in how the market prices it. Built in 2007, this home is 5 years newer than the average comp, which is reflected in the adjustments. Buyers in WATERSTREET LOFTS have 7 comparable options right now, with asking prices between $435,000 and $799,000. In 78702, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 2312 Canterbury St #A, Austin TX 78702, adjusting to $664,531; a strong comparable. 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
