4700 Gonzales ST, Austin TX 78702

Based on 4 closed sales in CHUNN, the data points to a value around $595,634 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $453,000 to $463,000. This would position the home competitively among 4 active listings in CHUNN. Being built in 1946 (36 years older than comps) is factored into the value estimate. Lot size matters here: 0.18 acres versus 0.09 for the typical comp. The active market in CHUNN includes 4 comparable homes priced from $389,999 to $649,000. Market data shows 78702 prices fallen 8.1% over the last half year. The closest comparable sale, 1007 Gullett ST, Austin TX 78702 at an adjusted $622,297, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in CHUNN. 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