1615 Canterbury ST # A, Austin TX 78702

The market data from 7 similar recent sales in RIVERSIDE points to a value of approximately $800,880. To sell within a reasonable timeframe at fair market value, the $484,000 to $494,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in RIVERSIDE. The 1950 construction puts this home 26 years older than the comp average, a factor in the pricing. At 0.11 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. With 7 similar homes currently listed in RIVERSIDE (a buyer's market), competition is a factor to consider. In RIVERSIDE, home values have risen approximately 18.8% over the past 6 months. One of the strongest data points is 1621 Garden ST # A, Austin TX 78702, adjusting to $945,369; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group