2818 Gonzales ST # A, Austin TX 78702

Based on 7 closed sales in 78702, the data points to a value around $644,413 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $550,000 to $560,000. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in 78702's current inventory. The 143 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2014 (5 years newer than comps) is factored into the value estimate. There are currently 4 similar homes on the market in 78702, ranging from $559,000 to $850,000. Market data shows 78702 prices fallen 3.3% over the last half year. The closest comparable sale, 505 Tillery ST # 6, Austin TX 78702 at an adjusted $519,284, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78702. 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