1131 Gillespie PL # 2, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $806,702. Based on how the local market is moving, a list price between $904,000 and $906,000 would position this home well. Buyers shopping in TRAVIS HEIGHTS right now would see this as a well positioned option among 6 comparable homes. The smaller floor plan (420 sqft compared to the average comp) is a meaningful differentiator in this price range. At 26 years newer than typical comps, the 2020 build date influences the valuation. There are currently 6 similar homes on the market in TRAVIS HEIGHTS, ranging from $699,000 to $953,000. The 6 month price trend in TRAVIS HEIGHTS: fallen 20.3%. The best comp here is 1118 Algarita Ave # 1, Austin TX 78704 at an adjusted value of $515,624, a strong comparable. The comp data here (7 sales in TRAVIS HEIGHTS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus