906 W Gibson ST, Austin TX 78704

After reviewing 5 recent transactions in 78704, I estimate this property's value at $1,981,660. A competitive list price for this home right now would fall in the $1,091,000 to $1,101,000 range. Relative to what's currently available in 78704, this home would be the most expensive of 3 comparable homes on the market. Being 306 sqft larger than the average comparable sale in this area impacts the per square foot value. Having a pool is a plus; 3 of the 5 comps lacked one. Right now, 3 similar properties are competing for buyers in 78704, listed between $975,000 and $1,525,000. Prices in 78704 have fallen 4% over the last 6 months. A similar home at 2205 S 3rd ST, Austin TX 78704 carries an adjusted comparable value of $1,965,732, providing a strong data point. With 5 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