4427 Gillis ST, Austin TX 78745

Based on 7 closed sales in BANISTER ACRES, the data points to a value around $456,607 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $356,000 to $366,000. This would position the home competitively among 7 active listings in BANISTER ACRES. Being 141 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1952 (12 years older than comps) is factored into the value estimate. 7 similar homes are currently available in BANISTER ACRES, creating a buyer's market for this price range. Market data shows BANISTER ACRES prices fallen 58.1% over the last half year. The closest comparable sale, 4412 Banister LN # 2, Austin TX 78745 at an adjusted $584,827, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in BANISTER ACRES. 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