3011 Speedway # 5, Austin TX 78705

My analysis of 7 comparable properties puts this home's estimated value at $181,347. Based on how the local market is moving, a list price between $217,000 and $231,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in SPEEDWAY CONDO THE's current inventory. At 28 years newer than typical comps, the 2006 build date influences the valuation. The smaller lot (0.01 acres versus the area average of 0.14) contributes to the valuation. There are currently 7 similar homes on the market in SPEEDWAY CONDO THE, ranging from $169,900 to $280,000. The 6 month price trend in 78705: fallen 17.3%. The best comp here is 4405 Avenue A # 14, Austin TX 78751 at an adjusted value of $119,738, a strong comparable. With 7 comparable sales in SPEEDWAY CONDO THE, 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