3500 Basford RD, Austin TX 78722

Based on 3 closed sales in GILES PLACE, the data points to a value around $354,709 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $303,000 to $313,000. This would position the home competitively among 6 active listings in GILES PLACE. Being 115 sqft smaller than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.24 acres versus 0.19 for the typical comp. 6 similar homes are currently available in GILES PLACE, creating a buyer's market for this price range. Market data shows 78722 prices fallen 11.5% over the last half year. The closest comparable sale, 3804 Tower View CT, Austin TX 78723 at an adjusted $259,100, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in GILES PLACE. 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