2801 Hemphill PARK # A204, Austin TX 78705

After reviewing 7 recent transactions in QUARTERS CONDOS, I estimate this property's value at $178,686. A competitive list price for this home right now would fall in the $195,000 to $204,000 range. This pricing would rank the home as the most affordable of 3 comparable homes on the market in QUARTERS CONDOS's current inventory. At 152 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.01 acres versus the area average of 0.16) contributes to the valuation. 3 similar homes are currently available in QUARTERS CONDOS, creating a buyer's market for this price range. Prices in 78705 have fallen 10% over the last 6 months. A similar home at 4205 Speedway Ave # 301, Austin TX 78751 carries an adjusted comparable value of $176,769, providing a strong data point. With 7 comparable sales in QUARTERS CONDOS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group