3702 GILBERT ST, Austin TX 78703

The estimated value of this property is $3,596,066, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $6,425,000 and $6,767,000. Against 3 similar active listings in LAUREL HEIGHTS, this price point lands at the most affordable of 3 comparable homes on the market. At 984 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2010, this home is 6 years older than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in LAUREL HEIGHTS, creating a buyer's market for this price range. Recent trends in 78703 show home values have fallen 9.3% since 6 months ago. The most comparable recent sale is 2204 Meadowbrook DR, Austin TX 78703, with an adjusted value of $2,686,645; with a smaller floor plan and a pool. Based on 4 relevant data points in LAUREL HEIGHTS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX