3211 Hampton RD, Austin TX 78705

The market data from 7 similar recent sales in 78705 points to a value of approximately $748,428. To sell within a reasonable timeframe at fair market value, the $839,000 to $847,000 range is where I'd position this. With 4 comparable homes on the market in 78705, this price positions the property as the most affordable of 4 comparable homes on the market. The 1929 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in 78705; a buyer's market based on recent absorption. In 78705, home values have fallen approximately 11.7% over the past 6 months. One of the strongest data points is 510 E 38th ST, Austin TX 78705, adjusting to $799,000; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group