1144 Gunter ST # 201, Austin TX 78721

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $633,430. To generate strong buyer interest while maximizing value, I'd price this between $622,000 and $681,000. In the current SOUTH ACRE OF LT market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 142 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.23 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. The active market in SOUTH ACRE OF LT includes 3 comparable homes priced from $554,900 to $699,000. The trend in 78721 shows prices have fallen 6.5% in the past 6 months. 3503 Kay ST # 2, Austin TX 78702 nearby adjusts to $621,615; with a smaller floor plan. The 3 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