3515 Gonzales ST, Austin TX 78702

The comparable sales data (7 recent transactions in DIVISION) supports an estimated value of $551,388. The data suggests a list price between $387,000 and $397,000 would attract qualified buyers without leaving money on the table. This home's position in the current DIVISION market: the 2nd most expensive of 5 comparable homes on the market among comparable properties. At 178 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1930 (23 years older than comps) is factored into the value estimate. Right now, 5 similar properties are competing for buyers in DIVISION, listed between $399,000 and $1,000,000. Prices in DIVISION have risen 66.4% over the last 6 months. A similar home at 1210 Coleto ST, Austin TX 78702 carries an adjusted comparable value of $496,656, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in DIVISION. 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