1111 Gunter ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $411,894. For a well positioned listing in LINDER, I'd target the $503,000 to $514,000 range. Against 3 similar active listings in LINDER, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 1960 construction puts this home 9 years newer than the comp average, a factor in the pricing. At 0.20 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. With 3 similar homes currently listed in LINDER (a buyer's market), competition is a factor to consider. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 4615 Munson ST, Austin TX 78721, with an adjusted value of $397,181; a strong comparable. 7 comparable transactions in LINDER 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