1106 1/2 Gunter ST, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $401,368. To generate strong buyer interest while maximizing value, I'd price this between $486,000 and $512,000. In the current 78702 market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The 1959 construction puts this home 6 years newer than the comp average, a factor in the pricing. The active market in 78702 includes 3 comparable homes priced from $405,000 to $530,000. The trend in 78702 shows prices have fallen 4.7% in the past 6 months. 4615 Munson ST, Austin TX 78721 nearby adjusts to $379,225; a strong comparable. 4 comparable transactions in 78702 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group