3000 Speedway # 2, Austin TX 78705

The estimated value of this property is $729,177, based on 4 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $859,000 and $911,000. With 7 comparable homes on the market in GROOMS, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. Being 114 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2008, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in GROOMS; a buyer's market based on recent absorption. Recent trends in 78705 show home values have fallen 18.4% since 6 months ago. The most comparable recent sale is 4518 Avenue D, Austin TX 78751, with an adjusted value of $859,463; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group