3004 Gilbert, Austin TX 78703

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,455,923. To generate strong buyer interest while maximizing value, I'd price this between $1,412,000 and $1,500,000. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in 78703. Being 202 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1945 construction puts this home 5 years older than the comp average, a factor in the pricing. With 4 similar homes currently listed in 78703 (a buyer's market), competition is a factor to consider. The trend in 78703 shows prices have fallen 9.3% in the past 6 months. 2004 Matthews DR, Austin TX 78703 nearby adjusts to $1,703,062; with a smaller floor plan. The 4 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