305 E 31st ST # 5, Austin TX 78705

Based on 7 closed sales in SPEEDWAY CONDO THE, the data points to a value around $631,329 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $294,000 to $304,000. This pricing would rank the home as the most expensive of 7 comparable homes on the market in SPEEDWAY CONDO THE's current inventory. Being built in 2010 (36 years newer than comps) is factored into the value estimate. Lot size matters here: 0.03 acres versus 0.10 for the typical comp. Buyers in SPEEDWAY CONDO THE have 7 comparable options right now, with asking prices between $299,900 and $850,000. Market data shows 78705 prices fallen 20.8% over the last half year. The closest comparable sale, 4523 Avenue D, Austin TX 78751 at an adjusted $773,281, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SPEEDWAY CONDO THE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group