2122 Hancock DR # 208, Austin TX 78756

The market data from 7 similar recent sales in KENRAY CONDO points to a value of approximately $247,459. To sell within a reasonable timeframe at fair market value, the $179,000 to $189,000 range is where I'd position this. In the current KENRAY CONDO market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 366 sqft smaller than the typical comp, the size difference factors into the valuation. The 1968 construction puts this home 17 years older than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in KENRAY CONDO, ranging from $195,000 to $254,900. In 78756, home values have fallen approximately 12.8% over the past 6 months. One of the strongest data points is 2122 Hancock DR # 105, Austin TX 78756, adjusting to $171,638; with a larger floor plan. 7 comparable transactions in KENRAY CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group