3312 Gilbert ST, Austin TX 78703

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,518,763. To generate strong buyer interest while maximizing value, I'd price this between $818,000 and $828,000. In the current SHERWOOD FOREST market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 1975 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.14 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SHERWOOD FOREST; a buyer's market based on recent absorption. The trend in 78703 shows prices have fallen 9.3% in the past 6 months. 1503 Mohle DR, Austin TX 78703 nearby adjusts to $1,374,080; a strong comparable. The 7 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