2209 Hancock DR # 14, Austin TX 78756

The estimated value of this property is $225,764, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $191,000 and $201,000. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in VENTANA CONDO. Built in 2000, this home is 8 years newer than the average comp, which is reflected in the adjustments. The 0.05 acre lot (smaller than the 0.09 acre average) is reflected in the estimate. With 7 similar homes currently listed in VENTANA CONDO (a balanced market), competition is a factor to consider. Recent trends in 78756 show home values have fallen 9.2% since 6 months ago. The most comparable recent sale is 2209 Hancock DR # 11, Austin TX 78756, with an adjusted value of $195,000; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group