607 Tillery ST, Austin TX 78702

After reviewing 7 recent transactions in COMER, I estimate this property's value at $516,646. A competitive list price for this home right now would fall in the $325,000 to $335,000 range. This home's position in the current COMER market: the 2nd most expensive of 6 comparable homes on the market among comparable properties. At 480 sqft smaller than the typical comp, the size difference factors into the valuation. At 53 years older than typical comps, the 1937 build date influences the valuation. With 6 similar homes currently listed in COMER (a buyer's market), competition is a factor to consider. Prices in 78702 have fallen 5.6% over the last 6 months. A similar home at 405 Pedernales ST, Austin TX 78702 carries an adjusted comparable value of $562,800, providing a strong data point. The comp data here (7 sales in COMER) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus