3207 Hampton # B, Austin TX 78705

Based on 7 closed sales in 78705, the data points to a value around $447,638 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $283,000 to $293,000. This pricing would rank the home as the most expensive of 7 comparable homes on the market in 78705's current inventory. This home's smaller footprint (438 sqft vs the comp average) plays a role in how the market prices it. Being built in 2004 (34 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in 78705; a buyer's market based on recent absorption. Market data shows 78705 prices fallen 11.7% over the last half year. The closest comparable sale, 903 E 15th ST, Austin TX 78702 at an adjusted $694,998, 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