2122 Hancock DR # 115, Austin TX 78756

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $224,009. To generate strong buyer interest while maximizing value, I'd price this between $299,000 and $321,000. In the current KENRAY CONDO market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The smaller floor plan (125 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1968 construction puts this home 10 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in KENRAY CONDO; a balanced market based on recent absorption. The trend in 78756 shows prices have fallen 11.3% in the past 6 months. 2122 Hancock DR # 105, Austin TX 78756 nearby adjusts to $216,298; a strong comparable. The 7 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