1122 Gillespie PL # A, Austin TX 78704

Based on 7 closed sales in KENWOOD PLACE, the data points to a value around $573,345 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $299,000 to $309,000. Buyers shopping in KENWOOD PLACE right now would see this as a well positioned option among 7 comparable homes. Being built in 1968 (11 years newer than comps) is factored into the value estimate. Lot size matters here: 0.16 acres versus 0.08 for the typical comp. The active market in KENWOOD PLACE includes 7 comparable homes priced from $279,000 to $875,000. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 743 E Oltorf ST # 203, Austin TX 78704 at an adjusted $319,730, is a strong comparable. This estimate draws on 7 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