1713 E 38 1/2 ST, Austin TX 78722

Based on 4 closed sales in GILES PLACE, the data points to a value around $387,347 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $308,000 to $318,000. This home's position in the current GILES PLACE market: the 3rd most expensive of 6 comparable homes on the market among comparable properties. Current inventory shows 6 comparable homes in GILES PLACE; a buyer's market based on recent absorption. Market data shows 78722 prices fallen 11.5% over the last half year. The closest comparable sale, 3705 Tower View CT, Austin TX 78723 at an adjusted $324,937, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in GILES PLACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group