37 Salina ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $1,133,003. For a well positioned listing in TOWNE LAKE, I'd target the $947,000 to $957,000 range. With 3 comparable homes on the market in TOWNE LAKE, this price positions the property as the most expensive of 3 comparable homes on the market. The larger floor plan (326 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2008 construction puts this home 6 years older than the comp average, a factor in the pricing. Right now, 3 similar properties are competing for buyers in TOWNE LAKE, listed between $899,000 and $1,500,000. Recent trends in 78702 show home values have fallen 3.3% since 6 months ago. The most comparable recent sale is 2211 Canterbury ST # A, Austin TX 78702, with an adjusted value of $1,508,025; with a smaller floor plan. 4 comparable transactions in TOWNE LAKE 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