3011 Speedway # 2, Austin TX 78705

After reviewing 3 recent transactions in SPEEDWAY CONDO THE, I estimate this property's value at $227,174. A competitive list price for this home right now would fall in the $244,000 to $255,000 range. Buyers shopping in SPEEDWAY CONDO THE right now would see this as a well positioned option among 7 comparable homes. At 6 years older than typical comps, the 1965 build date influences the valuation. The smaller lot (0.02 acres versus the area average of 0.11) contributes to the valuation. There are currently 7 similar homes on the market in SPEEDWAY CONDO THE, ranging from $194,900 to $250,000. Prices in 78705 have fallen 11.7% over the last 6 months. A similar home at 3110 Red River ST # 212, Austin TX 78705 carries an adjusted comparable value of $237,608, providing a strong data point. The comp data here (3 sales in SPEEDWAY CONDO THE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus