2607 Gonzales ST, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $521,063. To generate strong buyer interest while maximizing value, I'd price this between $189,000 and $199,000. At this price, the property would be the 3rd least expensive of 6 comparable homes on the market comparable homes currently on the market in SIMMS PAUL. This home's larger footprint (158 sqft vs the comp average) plays a role in how the market prices it. The 1935 construction puts this home 39 years older than the comp average, a factor in the pricing. With 6 similar homes currently listed in SIMMS PAUL (a buyer's market), competition is a factor to consider. The trend in 78702 shows prices have fallen 5.2% in the past 6 months. 2507 Diaz ST, Austin TX 78702 nearby adjusts to $372,900; with a smaller floor plan. The 7 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