Based on 5 closed sales in CANTERBURY, the data points to a value around $349,959 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $343,000 to $357,000. This home's position in the current CANTERBURY market: the 2nd most expensive of 6 comparable homes on the market among comparable properties. Lot size matters here: 0.11 acres versus 0.14 for the typical comp. With 6 similar homes currently listed in CANTERBURY (a balanced market), competition is a factor to consider. Market data shows CANTERBURY prices fallen 3.8% over the last half year. The closest comparable sale, 11241 Pardoners Tale LN, Austin TX 78748 at an adjusted $359,052, is with a smaller floor plan. This estimate draws on 5 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