2703 Willow ST, Austin TX 78702

The market data from 4 similar recent sales in RIVERVIEW points to a value of approximately $700,132. To sell within a reasonable timeframe at fair market value, the $454,000 to $464,000 range is where I'd position this. With 7 comparable homes on the market in RIVERVIEW, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 404 sqft smaller than the typical comp, the size difference factors into the valuation. The 1940 construction puts this home 15 years older than the comp average, a factor in the pricing. The active market in RIVERVIEW includes 7 comparable homes priced from $420,000 to $1,150,000. In RIVERVIEW, home values have fallen approximately 39% over the past 6 months. One of the strongest data points is 2612 Canterbury ST, Austin TX 78702, adjusting to $564,823; with a larger floor plan. 4 comparable transactions in RIVERVIEW 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