2904 Dancy ST, Austin TX 78722

The market data from 7 similar recent sales in DANCY points to a value of approximately $842,867. To sell within a reasonable timeframe at fair market value, the $713,000 to $723,000 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 41 years older than the comp average, a factor in the pricing. At 0.18 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. The active market in DANCY includes 7 comparable homes priced from $745,000 to $1,049,000. In 78722, home values have fallen approximately 11.5% over the past 6 months. One of the strongest data points is 3902 Brookview RD, Austin TX 78722, adjusting to $821,069; a strong comparable. 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