1123 3/4 Gunter ST # 2, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $642,418. I'd recommend coming to market at $521,000 to $531,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78702, this price point lands at the 2nd most expensive of 7 comparable homes on the market. Built in 2019, this home is 15 years newer than the average comp, which is reflected in the adjustments. The 0.24 acre lot (larger than the 0.11 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in 78702, ranging from $495,000 to $825,000. The trend in 78702 shows prices have fallen 3.1% in the past 6 months. 2806 Lyons RD # 1, Austin TX 78702 nearby adjusts to $788,429; a strong comparable. Based on 7 relevant data points in 78702, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX