2300 Hancock DR # 7, Austin TX 78756

My analysis of 3 comparable properties puts this home's estimated value at $277,070. Based on how the local market is moving, a list price between $340,000 and $349,000 would position this home well. Relative to what's currently available in 2300 HANCOCK DRIVE CONDO, this home would be the 3rd least expensive of 7 comparable homes on the market. The 116 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.04 acres versus the area average of 0.07) contributes to the valuation. With 7 similar homes currently listed in 2300 HANCOCK DRIVE CONDO (a balanced market), competition is a factor to consider. The 6 month price trend in 78756: fallen 14.6%. The best comp here is 2122 Hancock DR # 119, Austin TX 78756 at an adjusted value of $283,840, a strong comparable. The comp data here (3 sales in 2300 HANCOCK DRIVE CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus