2811 Hemphill PARK, Austin TX 78705

My analysis of 7 comparable properties puts this home's estimated value at $1,745,641. Based on how the local market is moving, a list price between $2,645,000 and $2,750,000 would position this home well. This would position the home competitively among 5 active listings in WHITIS. Being 376 sqft larger than the average comparable sale in this area impacts the per square foot value. At 11 years newer than typical comps, the 1965 build date influences the valuation. 5 similar homes are currently available in WHITIS, creating a buyer's market for this price range. The 6 month price trend in 78705: fallen 11.7%. The best comp here is 1801 Lavaca ST, Austin TX 78701 at an adjusted value of $2,751,090, with a larger floor plan. The comp data here (7 sales in WHITIS) 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