707 W Gibson ST, Austin TX 78704

The comparable sales data (7 recent transactions in SOUTH HEIGHTS) supports an estimated value of $1,170,804. The data suggests a list price between $1,566,000 and $1,664,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in SOUTH HEIGHTS, this home would be the most affordable of 7 comparable homes on the market. Being 326 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1917 (75 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in SOUTH HEIGHTS, listed between $1,275,000 and $2,550,000. Prices in SOUTH HEIGHTS have risen 11% over the last 6 months. A similar home at 815 W Gibson ST, Austin TX 78704 carries an adjusted comparable value of $1,040,364, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in SOUTH HEIGHTS. 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