2209 Hancock # 5, Austin TX 78756

Based on 7 closed sales in ROSEDOWN, the data points to a value around $284,478 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $224,000 to $234,000. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in ROSEDOWN's current inventory. Being built in 2001 (19 years newer than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.11 for the typical comp. Right now, 7 similar properties are competing for buyers in ROSEDOWN, listed between $199,000 and $599,999. Market data shows 78756 prices fallen 20.5% over the last half year. The closest comparable sale, 2300 Hancock DR # 2, Austin TX 78756 at an adjusted $321,984, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in ROSEDOWN. 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