616 Gaylor ST, Austin TX 78752

Based on 7 closed sales in PLAZA PLACE, the data points to a value around $459,886 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $229,000 to $239,000. This home's position in the current PLAZA PLACE market: the most expensive of 2 comparable homes on the market among comparable properties. Being 439 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1946 (7 years older than comps) is factored into the value estimate. With 2 similar homes currently listed in PLAZA PLACE (a buyer's market), competition is a factor to consider. Market data shows 78752 prices risen 4.1% over the last half year. The closest comparable sale, 912 1/2 E 50th ST, Austin TX 78751 at an adjusted $378,153, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in PLAZA PLACE. 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