2801 Hemphill PARK # 304, Austin TX 78705

The comparable sales data (7 recent transactions in QUARTERS CONDOMINIUMS) supports an estimated value of $178,704. The data suggests a list price between $195,000 and $204,000 would attract qualified buyers without leaving money on the table. Buyers shopping in QUARTERS CONDOMINIUMS right now would see this as a well positioned option among 3 comparable homes. This home's smaller footprint (152 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.01 acres versus 0.16 for the typical comp. With 3 similar homes currently listed in QUARTERS CONDOMINIUMS (a buyer's market), competition is a factor to consider. Prices in 78705 have fallen 9.7% over the last 6 months. A similar home at 4205 Speedway Ave # 301, Austin TX 78751 carries an adjusted comparable value of $176,839, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in QUARTERS CONDOMINIUMS. 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