1110 Gillespie PL, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $723,154. For a well positioned listing in TRAVIS HEIGHTS, I'd target the $278,000 to $288,000 range. With 7 comparable homes on the market in TRAVIS HEIGHTS, this price positions the property as the most expensive of 7 comparable homes on the market. At 592 sqft smaller than the typical comp, the size difference factors into the valuation. The 1951 construction puts this home 7 years newer than the comp average, a factor in the pricing. The active market in TRAVIS HEIGHTS includes 7 comparable homes priced from $265,000 to $875,000. Recent trends in TRAVIS HEIGHTS show home values have fallen 13.7% since 6 months ago. The most comparable recent sale is 1022 Harwood PL, Austin TX 78704, with an adjusted value of $839,661; a strong comparable. 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