1122 Gillespie PL, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $573,341. Based on how the local market is moving, a list price between $299,000 and $309,000 would position this home well. This would position the home competitively among 7 active listings in KENWOOD PLACE. At 11 years newer than typical comps, the 1968 build date influences the valuation. The larger lot (0.16 acres versus the area average of 0.08) contributes to the valuation. With 7 similar homes currently listed in KENWOOD PLACE (a buyer's market), competition is a factor to consider. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 743 E Oltorf ST # 203, Austin TX 78704 at an adjusted value of $319,736, a strong comparable. With 7 comparable sales in KENWOOD PLACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group