1001 Gullett ST, Austin TX 78702

The estimated value of this property is $579,881, based on 6 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $338,000 and $348,000. Against 5 similar active listings in GULLETT GARDENS, this price point lands at the most expensive of 5 comparable homes on the market. This home's smaller footprint (905 sqft vs the comp average) plays a role in how the market prices it. Built in 1940, this home is 54 years older than the average comp, which is reflected in the adjustments. Right now, 5 similar properties are competing for buyers in GULLETT GARDENS, listed between $309,999 and $699,500. Recent trends in GULLETT GARDENS show home values have fallen 28.5% since 6 months ago. The most comparable recent sale is 902 Mansell Ave, Austin TX 78702, with an adjusted value of $528,546; with a larger floor plan. Based on 6 relevant data points in GULLETT GARDENS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX