1127 Gillespie PL, Austin TX 78704

After reviewing 7 recent transactions in TRAVIS HEIGHTS, I estimate this property's value at $707,801. A competitive list price for this home right now would fall in the $282,000 to $292,000 range. Buyers shopping in TRAVIS HEIGHTS right now would see this as a well positioned option among 7 comparable homes. Being 448 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (0.17 acres versus the area average of 0.13) contributes to the valuation. Right now, 7 similar properties are competing for buyers in TRAVIS HEIGHTS, listed between $279,000 and $875,000. Prices in TRAVIS HEIGHTS have fallen 21.6% over the last 6 months. A similar home at 1022 Harwood PL, Austin TX 78704 carries an adjusted comparable value of $857,087, providing a strong data point. With 7 comparable sales in TRAVIS HEIGHTS, 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