3000 Speedway # 1, Austin TX 78705

My analysis of 3 comparable properties puts this home's estimated value at $931,638. Based on how the local market is moving, a list price between $677,000 and $687,000 would position this home well. Relative to what's currently available in 78705, this home would be the 4th most expensive of 7 comparable homes on the market. The smaller floor plan (140 sqft compared to the average comp) is a meaningful differentiator in this price range. At 12 years older than typical comps, the 2008 build date influences the valuation. There are currently 7 similar homes on the market in 78705, ranging from $649,000 to $1,595,000. The 6 month price trend in 78705: fallen 17.5%. The best comp here is 4001 Red River ST # 2, Austin TX 78751 at an adjusted value of $628,088, a strong comparable. With 3 comparable sales in 78705, 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