404 Crockett, Austin TX 78704

The market data from 5 similar recent sales in GILLIS SIMON points to a value of approximately $859,049. To sell within a reasonable timeframe at fair market value, the $539,000 to $549,000 range is where I'd position this. With 3 comparable homes on the market in GILLIS SIMON, this price positions the property as the most expensive of 3 comparable homes on the market. The 2003 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.14 acres, the lot is larger than the 0.10 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in GILLIS SIMON; a buyer's market based on recent absorption. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 2105 Brackenridge ST, Austin TX 78704, adjusting to $836,580; with a larger floor plan. 5 comparable transactions in GILLIS SIMON support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group