3107 Garwood ST, Austin TX 78702

The estimated value of this property is $680,639, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $416,000 and $426,000. With 7 comparable homes on the market in GOVALLE, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (361 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1984, this home is 14 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in GOVALLE, listed between $420,000 and $775,000. Recent trends in 78702 show home values have fallen 2.4% since 6 months ago. The most comparable recent sale is 2519 E 4th ST # 1, Austin TX 78702, with an adjusted value of $932,344; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group