1125 Gillespie PL, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $1,089,747. For a well positioned listing in TRAVIS HEIGHTS, I'd target the $921,000 to $931,000 range. With 6 comparable homes on the market in TRAVIS HEIGHTS, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. The 1963 construction puts this home 11 years older than the comp average, a factor in the pricing. Right now, 6 similar properties are competing for buyers in TRAVIS HEIGHTS, listed between $849,950 and $2,519,000. Recent trends in TRAVIS HEIGHTS show home values have fallen 21.6% since 6 months ago. The most comparable recent sale is 1506 Chelsea LN, Austin TX 78704, with an adjusted value of $1,034,859; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group