4704 NE Milburn LN # B, Austin TX 78702

The market data from 4 similar recent sales in GULLETT GARDENS points to a value of approximately $919,875. To sell within a reasonable timeframe at fair market value, the $677,000 to $687,000 range is where I'd position this. In the current GULLETT GARDENS market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. The 2008 construction puts this home 9 years older than the comp average, a factor in the pricing. At 0.29 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. With 5 similar homes currently listed in GULLETT GARDENS (a buyer's market), competition is a factor to consider. In 78702, home values have fallen approximately 7% over the past 6 months. One of the strongest data points is 2512 E 2nd ST, Austin TX 78702, adjusting to $996,805; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group