3000 Speedway ST # C, Austin TX 78705

Reviewing the most recent comparable transactions, this home's market value falls around $691,637. For a well positioned listing in GROOMS, I'd target the $470,000 to $480,000 range. Among the similar homes currently available in GROOMS, this price point stands out as competitive. The 202 sqft size difference versus comparable sales is reflected in the adjusted values. The 2008 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in GROOMS; a buyer's market based on recent absorption. Recent trends in 78705 show home values have risen 3.9% since 6 months ago. The most comparable recent sale is 4001 Red River ST # 2, Austin TX 78751, with an adjusted value of $604,900; a strong comparable. The 5 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