708 W Gibson ST # B, Austin TX 78704

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $603,662. Pricing this home between $399,000 and $409,000 would put it in the competitive sweet spot for 78704. This pricing would rank the home as the most expensive of 3 comparable homes on the market in 78704's current inventory. At 176 sqft smaller than the typical comp, the size difference factors into the valuation. At 29 years newer than typical comps, the 2006 build date influences the valuation. With 3 similar homes currently listed in 78704 (a buyer's market), competition is a factor to consider. Market data shows 78704 prices risen 0% over the last half year. The closest comparable sale, 2010 S 2nd ST, Austin TX 78704 at an adjusted $745,450, is with a larger floor plan. With 7 comparable sales in 78704, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group