1120 Gillespie PL # B, Austin TX 78704

Based on 3 closed sales in KENWOOD PLACE, the data points to a value around $402,400 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $288,000 to $298,000. Buyers shopping in KENWOOD PLACE right now would see this as a well positioned option among 7 comparable homes. At 165 sqft smaller than the typical comp, the size difference factors into the valuation. With 7 similar homes currently listed in KENWOOD PLACE (a buyer's market), competition is a factor to consider. Market data shows 78704 prices fallen 5.6% over the last half year. The closest comparable sale, 2215 Post RD # 2070, Austin TX 78704 at an adjusted $298,355, is a strong comparable. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus