2122 Hancock DR # 109, Austin TX 78756

The comparable sales data (7 recent transactions in KENRAY CONDO) supports an estimated value of $226,418. The data suggests a list price between $282,000 and $299,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in KENRAY CONDO, this home would be the 2nd most expensive of 4 comparable homes on the market. This home's smaller footprint (106 sqft vs the comp average) plays a role in how the market prices it. Being built in 1968 (10 years older than comps) is factored into the value estimate. Current inventory shows 4 comparable homes in KENRAY CONDO; a balanced market based on recent absorption. Prices in 78756 have fallen 11% over the last 6 months. A similar home at 2122 Hancock DR # 105, Austin TX 78756 carries an adjusted comparable value of $220,787, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in KENRAY CONDO. 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