The market data from 4 similar recent sales in WILLOW BRANCH LOFTS points to a value of approximately $313,082. To sell within a reasonable timeframe at fair market value, the $307,000 to $319,000 range is where I'd position this. Against 7 similar active listings in WILLOW BRANCH LOFTS, this price point lands at the most affordable of 7 comparable homes on the market. The 2008 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.04 acre comp average, which factors into pricing. 7 similar homes are currently available in WILLOW BRANCH LOFTS, creating a buyer's market for this price range. In 78702, home values have risen approximately 1.9% over the past 6 months. One of the strongest data points is 2213 Poquito ST # 305, Austin TX 78722, adjusting to $241,182; with a pool. 4 comparable transactions in WILLOW BRANCH LOFTS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
