3007 Speedway # 5, Austin TX 78705

Based on 7 closed sales in SPEEDWAY CONDO THE, the data points to a value around $194,385 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $160,000 to $170,000. This home's position in the current SPEEDWAY CONDO THE market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. Being built in 2006 (25 years newer than comps) is factored into the value estimate. Lot size matters here: 0.01 acres versus 0.08 for the typical comp. There are currently 7 similar homes on the market in SPEEDWAY CONDO THE, ranging from $159,900 to $266,750. Market data shows 78705 prices fallen 17.4% over the last half year. The closest comparable sale, 3009 Speedway # 3, Austin TX 78705 at an adjusted $265,000, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus