2609 Gardenia DR, Austin TX 78727

Based on 7 closed sales in KINGS, the data points to a value around $284,975 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $276,000 to $294,000. This home's position in the current KINGS market: below the only comparable home currently on the market among comparable properties. This home's smaller footprint (212 sqft vs the comp average) plays a role in how the market prices it. Being built in 1965 (16 years older than comps) is factored into the value estimate. Buyers in KINGS have 1 comparable options right now, with asking prices between $349,000 and $349,000. Market data shows 78727 prices fallen 9.2% over the last half year. The closest comparable sale, 2505 Gardenia DR, Austin TX 78727 at an adjusted $247,800, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in KINGS. 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