3301 Thompson ST, Austin TX 78702

After reviewing 7 recent transactions in PECAN GARDEN, I estimate this property's value at $699,003. A competitive list price for this home right now would fall in the $817,000 to $832,000 range. This home's position in the current PECAN GARDEN market: the 4th most expensive of 7 comparable homes on the market among comparable properties. At 19 years older than typical comps, the 1968 build date influences the valuation. The larger lot (0.18 acres versus the area average of 0.15) contributes to the valuation. The active market in PECAN GARDEN includes 7 comparable homes priced from $574,000 to $875,000. Prices in 78702 have fallen 7.1% over the last 6 months. A similar home at 829 Gullett ST, Austin TX 78702 carries an adjusted comparable value of $875,198, providing a strong data point. With 7 comparable sales in PECAN GARDEN, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group