2916 Gonzales ST # 2, Austin TX 78702

The market data from 7 similar recent sales in GONZALES STREET CONDOS points to a value of approximately $601,271. To sell within a reasonable timeframe at fair market value, the $375,000 to $385,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in GONZALES STREET CONDOS. Being 288 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2020 construction puts this home 21 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in GONZALES STREET CONDOS (a buyer's market), competition is a factor to consider. In 78702, home values have risen approximately 1.1% over the past 6 months. One of the strongest data points is 2515 Gonzales ST, Austin TX 78702, adjusting to $615,970; a strong comparable. 7 comparable transactions in GONZALES STREET CONDOS 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