1715 Giles ST # D, Austin TX 78722

The estimated value of this property is $762,308, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $568,000 and $578,000. With 7 comparable homes on the market in 78722, this price positions the property as the 4th most expensive of 7 comparable homes on the market. Built in 2010, this home is 8 years older than the average comp, which is reflected in the adjustments. The 0.19 acre lot (larger than the 0.15 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78722; a balanced market based on recent absorption. Recent trends in 78722 show home values have fallen 1.5% since 6 months ago. The most comparable recent sale is 3202 Merrie Lynn Ave # A, Austin TX 78722, with an adjusted value of $588,558; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group