$400,430 $1,986
Transcript of $400,430 $1,986
PROPERTY ADDRESS COUNTY APN NUMBER
423 Williamson Pl, Corpus Christi, TX 78411 Nueces 4165-0019-0050Non-disclosure state (TX)
HOUSECANARY VALUE High Confidence
$395,905 $165/sq.ft.$354,137 - $437,673$148/sq.ft. - $182/sq.ft.
HOUSECANARY RENTAL VALUE Average Confidence
$2,006 $0.84/sq.ft.$1,513 - $2,499$0.63/sq.ft. - $1.04/sq.ft.
MARKET STATUS Seller’s Market MSA 1YR RISK OF DECLINE 1.6% Very Low
Subject AttributesPROPERTY TYPE OWNER OCCUPIED BEDROOMS BATHS GLA LOT SIZE YEAR BUILT BASEMENT
Single Family Detached Yes - - 2400 11130 1954 No
Recent Similar Comparables (Past 12 Months) Value Forecast
# SALE PRICE CURRENT VALUE ADDRESS SIMILARITY
1 $345,000 $350,016 435 Williamson PlCorpus Christi, TX 78411
High
2 $533,500 $540,346 441 Dolphin PlCorpus Christi, TX 78411
High
3 $430,000 $435,874 425 Dolphin PlCorpus Christi, TX 78411
High
4 $389,900 $405,782 425 Miramar PlCorpus Christi, TX 78411
High
5 $337,000 $339,499 452 Delaine DrCorpus Christi, TX 78411
High
6 $350,000 $355,572 466 Carmel PkwyCorpus Christi, TX 78411
High
7 $415,000 $421,307 309 Bermuda PlCorpus Christi, TX 78411
High
8 $409,900 $421,754 326 Dolphin PlCorpus Christi, TX 78411
High
9 - $269,581 472 Coral PlCorpus Christi, TX 78411
Moderate
10 $340,000 $350,980 437 Dolphin PlCorpus Christi, TX 78411
Moderate
1YR FORECAST GROWTH 2YR FORECAST GROWTH 3YR FORECAST GROWTH
15.4% 27.2% 33.0%$456,892 $503,745 $526,450
Report Date01/08/2022 page 1
PROPERTY ADDRESS COUNTY APN NUMBER
423 Williamson Pl, Corpus Christi, TX 78411 Nueces 4165-0019-0050Non-disclosure state (TX)
Recent Similar Comparables (0-1year)
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# SIMILARITY DISTANCE PROPERTY SOLD LIST CURRENT VALUE AGE BEDS BATHS GLA SITE AREA
- - - SUBJECT -08/2009
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$395,905 68 - - 2400 11130
1 High 0.04mi 435 Williamson PlCorpus Christi, TX 78411
$345,00008/2021
$369,90005/2021
$350,016 67 3 2.0 2184 12044
2 High 0.07mi 441 Dolphin PlCorpus Christi, TX 78411
$533,50008/2021
$539,90007/2021
$540,346 68 3 2.0 2613 11238
3 High 0.06mi 425 Dolphin PlCorpus Christi, TX 78411
$430,00008/2021
$420,00006/2021
$435,874 67 3 3.0 2117 12593
4 High 0.24mi 425 Miramar PlCorpus Christi, TX 78411
$389,90002/2021
$389,90005/2020
$405,782 66 3 2.0 2531 13926
5 High 0.45mi 452 Delaine DrCorpus Christi, TX 78411
$337,00010/2021
$374,90006/2021
$339,499 82 3 3.0 2285 10241
6 High 0.26mi 466 Carmel PkwyCorpus Christi, TX 78411
$350,00008/2021
$389,90006/2021
$355,572 64 3 2.0 2191 11879
7 High 0.2mi 309 Bermuda PlCorpus Christi, TX 78411
$415,00007/2021
$387,00005/2021
$421,307 64 - - 1994 13286
8 High 0.18mi 326 Dolphin PlCorpus Christi, TX 78411
$409,90003/2021
$429,90003/2021
$421,754 68 3 2.5 2656 12166
9 Moderate 0.15mi 472 Coral PlCorpus Christi, TX 78411
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$265,00009/2021
$269,581 64 3 3.0 2298 11221
10 Moderate 0.06mi 437 Dolphin PlCorpus Christi, TX 78411
$340,00003/2021
$338,00001/2021
$350,980 68 3 2.0 1794 11844
Report Date01/08/2022 page 2
PROPERTY ADDRESS COUNTY APN NUMBER
423 Williamson Pl, Corpus Christi, TX 78411 Nueces 4165-0019-0050Non-disclosure state (TX)
Active Listings
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# SIMILARITY DISTANCE PROPERTY LIST PRICE LIST DATE AGE BEDS BATHS GLA SITE AREA DAYS ON MARKET
- - - SUBJECT - - 68 - - 2400 11130 -1 High 0.34mi 241 Ocean View Pl
Corpus Christi, TX 78411$499,900 11/2021 71 3 2.5 2377 26572 65
2 Moderate 0.15mi 472 Coral PlCorpus Christi, TX 78411
$265,000 09/2021 64 3 3.0 2298 11221 106
3 Moderate 0.27mi 350 Peerman PlCorpus Christi, TX 78411
$559,900 12/2021 73 - - 2794 15695 19
4 Moderate 2.3mi 210 Indiana AveCorpus Christi, TX 78404
$415,000 08/2021 82 2 1.5 2372 11199 133
5 Low 1.86mi 217 Montclair DrCorpus Christi, TX 78412
$285,000 11/2021 64 3 2.0 2021 12179 49
6 Low 1.32mi 430 Paloma StCorpus Christi, TX 78412
$270,000 12/2021 42 3 2.0 1968 7893 26
7 Low 0.76mi 442 Sharon DrCorpus Christi, TX 78412
$299,900 12/2021 61 3 2.0 2422 9439 33
8 Low 2.17mi 230 Rosebud AveCorpus Christi, TX 78404
$975,000 12/2021 82 4 3.5 3168 10498 11
9 Low 2.53mi 5833 Ocean DrCorpus Christi, TX 78412
$652,500 11/2021 57 4 4.0 3540 25809 55
10 Low 0.29mi 626 Williamson PlCorpus Christi, TX 78411
$300,000 10/2021 67 3 3.0 2133 10271 73
Report Date01/08/2022 page 3
PROPERTY ADDRESS COUNTY APN NUMBER
423 Williamson Pl, Corpus Christi, TX 78411 Nueces 4165-0019-0050Non-disclosure state (TX)
Historical Similar Comparables (0-4years)
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# SIMILARITY DISTANCE PROPERTY SOLD LIST CURRENT VALUE AGE BEDS BATHS GLA SITE AREA
- - - SUBJECT -08/2009
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$395,905 68 - - 2400 11130
1 High 0.04mi 435 Williamson PlCorpus Christi, TX 78411
$345,00008/2021
$369,90005/2021
$350,016 67 3 2.0 2184 12044
2 High 0.07mi 441 Dolphin PlCorpus Christi, TX 78411
$533,50008/2021
$539,90007/2021
$540,346 68 3 2.0 2613 11238
3 High 0.06mi 425 Dolphin PlCorpus Christi, TX 78411
$430,00008/2021
$420,00006/2021
$435,874 67 3 3.0 2117 12593
4 High 0.24mi 425 Miramar PlCorpus Christi, TX 78411
$389,90002/2021
$389,90005/2020
$405,782 66 3 2.0 2531 13926
5 High 0.45mi 452 Delaine DrCorpus Christi, TX 78411
$337,00010/2021
$374,90006/2021
$339,499 82 3 3.0 2285 10241
6 High 0.26mi 466 Carmel PkwyCorpus Christi, TX 78411
$350,00008/2021
$389,90006/2021
$355,572 64 3 2.0 2191 11879
7 High 0.2mi 309 Bermuda PlCorpus Christi, TX 78411
$415,00007/2021
$387,00005/2021
$421,307 64 - - 1994 13286
8 High 0.18mi 326 Dolphin PlCorpus Christi, TX 78411
$409,90003/2021
$429,90003/2021
$421,754 68 3 2.5 2656 12166
9 Moderate 0.15mi 472 Coral PlCorpus Christi, TX 78411
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$265,00009/2021
$269,581 64 3 3.0 2298 11221
10 Moderate 0.06mi 437 Dolphin PlCorpus Christi, TX 78411
$340,00003/2021
$338,00001/2021
$350,980 68 3 2.0 1794 11844
Report Date01/08/2022 page 4
PROPERTY ADDRESS COUNTY APN NUMBER
423 Williamson Pl, Corpus Christi, TX 78411 Nueces 4165-0019-0050Non-disclosure state (TX)
Nearby Properties
Gross Living Area (sq. ft.)
Site Area (sq. ft.)
Report Date01/08/2022 page 5
PROPERTY ADDRESS COUNTY APN NUMBER
423 Williamson Pl, Corpus Christi, TX 78411 Nueces 4165-0019-0050Non-disclosure state (TX)
Nearby Properties
Bedrooms
Bathrooms
Age
Report Date01/08/2022 page 6
PROPERTY ADDRESS COUNTY APN NUMBER
423 Williamson Pl, Corpus Christi, TX 78411 Nueces 4165-0019-0050Non-disclosure state (TX)
Market Analysis - 78411Days on Market - Sold or De-listed Properties Months of Supply
THIS MONTH LAST YEAR THIS MONTH
92 45THIS MONTH LAST YEAR THIS MONTH
1.4 1.2
Market Index 1 Year risk of decline
THIS MONTH LAST YEAR THIS MONTH
70 79THIS MONTH LAST YEAR THIS MONTH
1.5% 1.6%
MARKET STATUSSeller’s Market
RISK LEVELVery Low
Report Date01/08/2022 page 7
PROPERTY ADDRESS COUNTY APN NUMBER
423 Williamson Pl, Corpus Christi, TX 78411 Nueces 4165-0019-0050
GlossaryActive Active listings within a 1 year timeframe near the subject property.
Source: Local MLSCurrent Value Current Value of the similar property represents HouseCanary’s most recent value estimate of the respective prop-
erty. HouseCanary’s valuation model adjusts for price changes through time with a proprietary block level homeprice appreciation index.
Source: Public Record, HouseCanary Automated Valuation ModelDays on Market The current days on market is the average number of days since listing for all current listings on the market for
the given geography. The calculation represents a 13-week rolling average to minimize rapid swings in the data.
Source: Local MLS, HouseCanary analysisHistorical SimilarComparables
Similar comparables within a 4-year timeframe close to the subject property.
Source: Public Record, HouseCanary Home Price IndexHouseCanary RentalValue
We value this property’s monthly rent at $2,006. The rental price will likely fall between $1,513 and $2,499.This is HouseCanary’s estimated monthly rental value for this home. It is not a formal appraisal. This estimateis based on our market knowledge, and it should be used as a starting point to determine a home’s rent.
Source: HouseCanary analysisHouseCanary Value We value this property at $395,905. The sales price will likely fall between $354,137 and $437,673. This is
HouseCanary’s estimated market value for this home. It is not a formal appraisal. This estimate is based on ourmarket knowledge, and it should be used as a starting point to determine a home’s value.
Source: HouseCanary analysisMarket Index The market index is designed to measure supply versus demand at a local zip code level. The index ranges from
0-100 where values of 41-60 indicate a market in equilibrium (neutral). Values above 61 indicate that demandexceeds supply, and that the local area is a seller’s market. Values below 41 indicate that supply exceeds demand,and that the local area is a buyer’s market. Demand is measured using indicators such as sales volume, changesin listing prices, and days on market. Supply is measured using indicators such as inventory and the number ofnew listings.
Source: Local MLS, HouseCanary analysisMarket Status The market status is the summary conclusion on the market index. Specifically whether the market is currently
classified as a buyer’s market, seller’s market or neutral. For more details see market index definition.
Source: Local MLS, HouseCanary analysisMonths of Supply The months of supply is a metric to reflect the pace at which listing inventory is turning over in the local market.
The calculation reflects the total listings on the market divided by the 3-month rolling average of sales volume.Generally, less than 5 months of supply is considered inflationary due to the constrained nature of listings avail-able for sale. A value greater than 7 months of supply is typically considered oversupplied and deflationary.
Source: Local MLS, HouseCanary analysisMSA 1yr risk ofdecline
The one year risk of decline is a proprietary HouseCanary metric that measures the probability that this mar-ket’s median home prices will be lower 12 months from now than the current market median price. This one-yearchance of loss is derived through HouseCanary’s multivariate time series models using a combination of funda-mental and technical indicators.
Source: Local MLS, HouseCanary analysisNearby Properties All nearby properties and associated attributes. This chart allows for comparison of the subject property attributes
with nearby properties.
Source: Public Record, HouseCanary analysis
Report Date01/08/2022 page 8
PROPERTY ADDRESS COUNTY APN NUMBER
423 Williamson Pl, Corpus Christi, TX 78411 Nueces 4165-0019-0050
Glossary Contd.Non-disclosure state In non-disclosure states (or counties) both the transaction sales price and date may be unavailable. This is
because these states are not required or cannot legally disclose such information to the public. As a result,HouseCanary relies on other sources (like MLS) to complement the data when possible.
The following fourteen states are considered non-disclosure: Alaska, Idaho, Indiana, Kansas, Louisiana,Mississippi, Missouri (certain counties), Montana, New Mexico, North Dakota, Texas, Utah and Wyoming.
Source: Public Record, MLS
Owner Occupancy Owner occupancy indicates whether the owner of the home is the primary resident.
Source: Public Record
Property Type Property Type indicates the classification of the building based upon public record information. HouseCanaryhas normalized property type information into five groupings: Single Family Detached, Condominium, Town-house, Manufactured/Mobile Home and Multifamily. Note that buildings that do not fall into these categories,i.e. apartment houses, highrise apartments, etc. will not be mapped into one of these categories.
Source: Public Record
Recent SimilarComparables
Similar comparables within a 1-year timeframe close to the subject property.
Source: Public Record, HouseCanary analysis
Similarity Level HouseCanary proprietary score calculated via multivariate analysis using a combination of geographic informationand key property characteristics such as bedrooms, square footage, lot size, etc. The measure defines similarity ofcomparable properties relative to the subject property.
Source: Public Record, MLS, HouseCanary analysis
ValuationSuitability Score
HouseCanary’s valuation suitability score is measured in percentage terms relative to the estimated price. Thisscore allows for comparison of accuracy on two or more properties regardless of the magnitude of the individualprice estimates. Formally, if the Valuation Suitability Score is X and the estimated price is P , then the lowerprice bound approximately equals P ∗ (X/100) and the upper price bound approximately equals P ∗ (2− (X/100)).Scores over 85 imply high model accuracy, scores between 70-85 imply average model accuracy, and scores below70 imply low model accuracy.
Source: Public Record, MLS, HouseCanary analysis
Report Date01/08/2022 page 9
PROPERTY ADDRESS COUNTY APN NUMBER
423 Williamson Pl, Corpus Christi, TX 78411 Nueces 4165-0019-0050
Data SourcesHouseCanary accesses up-to-date data from county recorders and local MLS’s. Recency of certain data is reflected by the effective date on the report. We usethis data combined with HouseCanary proprietary analytics to bring you the most comprehensive, simple and accurate Agile Insights for every property.
For questions, please contact HouseCanary at [email protected].
DisclaimerThis Agile Insights is provided solely for general business information purposes. No advisory, fiduciary or other relationship is created by any acceptance or useof this Agile Insights. The inclusion of this Agile Insights with any other materials does not constitute an endorsement by HouseCanary of any third party or anythird party’s products or services. The projected market, valuation and financial information, conclusions and other information contained in this Agile Insightsare based upon tested methodologies for accuracy. However, such information and conclusions are not definitive forecasts, appraisals or opinions of valuations.All such information and conclusions are stated in terms of probability of likelihood based on market factors and information submitted to HouseCanary, and suchinformation and conclusions are not guaranteed by HouseCanary and should not be construed as a certified appraisal or valuation, or investment advice, or reliedupon for critical decision making. HouseCanary uses or has used public and/or confidential data and assumptions provided to HouseCanary by third parties, andHouseCanary has not independently verified the data and assumptions used in these analyses or data sets. Attributes for properties may be inaccurate becausecounty assessor and MLS data does not always include recent additions and/or modifications to property structure. Changes in the underlying data or operatingassumptions, or any loss of access to any one or more sources will clearly impact the analyses, information and conclusions set forth in this Agile Insights.
Report Date01/08/2022 page 10