7308 Gunnison PASS, Austin TX 78724

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $266,848. To generate strong buyer interest while maximizing value, I'd price this between $356,000 and $366,000. Against 7 similar active listings in LAS CIMAS, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 2005 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.20 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in LAS CIMAS; a buyer's market based on recent absorption. The trend in 78724 shows prices have risen 3.5% in the past 6 months. 6904 Point North DR, Austin TX 78724 nearby adjusts to $228,533; a strong comparable. The 6 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