517 Tillery ST # 3, Austin TX 78702

Based on 7 closed sales in COMER, the data points to a value around $1,109,275 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $959,000 to $969,000. This home's position in the current COMER market: the most expensive of 3 comparable homes on the market among comparable properties. Lot size matters here: 0.27 acres versus 0.19 for the typical comp. With 3 similar homes currently listed in COMER (a buyer's market), competition is a factor to consider. Market data shows 78702 prices fallen 6.5% over the last half year. The closest comparable sale, 1118 Linden ST, Austin TX 78702 at an adjusted $807,530, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus