3407 Kay ST, Austin TX 78702

The market data from 7 similar recent sales in SPILLAR & GREENWOOD points to a value of approximately $394,182. To sell within a reasonable timeframe at fair market value, the $452,000 to $497,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in SPILLAR & GREENWOOD. Being 158 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1954 construction puts this home 6 years older than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in SPILLAR & GREENWOOD, ranging from $399,000 to $525,000. In 78702, home values have fallen approximately 7% over the past 6 months. One of the strongest data points is 4615 Munson ST, Austin TX 78721, adjusting to $362,943; a strong comparable. 7 comparable transactions in SPILLAR & GREENWOOD 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