2904 Dancy ST, Austin TX 78722

The market data from 7 similar recent sales in DANCY points to a value of approximately $793,721. To sell within a reasonable timeframe at fair market value, the $697,000 to $707,000 range is where I'd position this. In the current DANCY market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 1934 construction puts this home 57 years older than the comp average, a factor in the pricing. At 0.18 acres, the lot is larger than the 0.09 acre comp average, which factors into pricing. The active market in DANCY includes 7 comparable homes priced from $624,900 to $1,025,000. In 78722, home values have fallen approximately 17.6% over the past 6 months. One of the strongest data points is 1303 Wilshire BLVD, Austin TX 78722, adjusting to $884,292; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group