2818 Gonzales ST # B, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $647,006. For a well positioned listing in 78702, I'd target the $733,000 to $831,000 range. Against 4 similar active listings in 78702, this price point lands at the 2nd most expensive of 4 comparable homes on the market. This home's larger footprint (183 sqft vs the comp average) plays a role in how the market prices it. The 2014 construction puts this home 40 years newer than the comp average, a factor in the pricing. Buyers in 78702 have 4 comparable options right now, with asking prices between $599,000 and $899,000. Recent trends in 78702 show home values have fallen 2.6% since 6 months ago. The most comparable recent sale is 505 Tillery ST # 6, Austin TX 78702, with an adjusted value of $519,356; a strong comparable. 7 comparable transactions in 78702 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