1102 Gillespie PL, Austin TX 78704

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $1,558,534. I'd recommend coming to market at $2,927,000 to $3,051,000 to strike the right balance between value and market velocity. Against 7 similar active listings in TRAVIS HEIGHTS, this price point lands at the most affordable of 7 comparable homes on the market. At 1,867 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1946, this home is 12 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in TRAVIS HEIGHTS, ranging from $1,949,900 to $7,900,000. The trend in TRAVIS HEIGHTS shows prices have fallen 21.6% in the past 6 months. 1506 Chelsea LN, Austin TX 78704 nearby adjusts to $1,212,260; with a smaller floor plan. Based on 7 relevant data points in TRAVIS HEIGHTS, 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