2016 Gathright CV, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $568,328. To generate strong buyer interest while maximizing value, I'd price this between $680,000 and $721,000. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in PHILLIPS. The larger floor plan (247 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1971 construction puts this home 16 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in PHILLIPS (a buyer's market), competition is a factor to consider. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 4900 Majestic DR, Austin TX 78745 nearby adjusts to $737,387; with a smaller floor plan. 7 comparable transactions in PHILLIPS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group