611 Tillery, Austin TX 78702

The market data from 7 similar recent sales in COMER points to a value of approximately $813,712. To sell within a reasonable timeframe at fair market value, the $554,000 to $564,000 range is where I'd position this. In the current COMER market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. At 259 sqft smaller than the typical comp, the size difference factors into the valuation. The 2010 construction puts this home 8 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in COMER, creating a buyer's market for this price range. In 78702, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 503 Allen ST # 503A, Austin TX 78702, adjusting to $540,582; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group