3105 Speedway, Austin TX 78705

My analysis of 7 comparable properties puts this home's estimated value at $704,381. Based on how the local market is moving, a list price between $305,000 and $315,000 would position this home well. This pricing would rank the home as the most expensive of 7 comparable homes on the market in GROOMS's current inventory. The smaller lot (0.10 acres versus the area average of 0.17) contributes to the valuation. 7 similar homes are currently available in GROOMS, creating a buyer's market for this price range. The 6 month price trend in 78705: fallen 11.7%. The best comp here is 4605 Avenue G, Austin TX 78751 at an adjusted value of $661,348, a strong comparable. The comp data here (7 sales in GROOMS) 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