1144 Gunter ST # 402, Austin TX 78721

After reviewing 7 recent transactions in SOUTH ACRE OF LT, I estimate this property's value at $616,824. A competitive list price for this home right now would fall in the $476,000 to $486,000 range. Buyers shopping in SOUTH ACRE OF LT right now would see this as a well positioned option among 7 comparable homes. Being 109 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (0.23 acres versus the area average of 0.15) contributes to the valuation. Right now, 7 similar properties are competing for buyers in SOUTH ACRE OF LT, listed between $450,000 and $650,000. Prices in 78721 have risen 11.1% over the last 6 months. A similar home at 2811 Garwood Unit B ST # B, Austin TX 78702 carries an adjusted comparable value of $568,700, providing a strong data point. With 7 comparable sales in SOUTH ACRE OF LT, 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