3307 SPEEDWAY # B, Austin TX 78705

After reviewing 4 recent transactions in 78705, I estimate this property's value at $450,795. A competitive list price for this home right now would fall in the $359,000 to $369,000 range. This would position the home competitively among 3 active listings in 78705. At 6 years newer than typical comps, the 1996 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.11) contributes to the valuation. The active market in 78705 includes 3 comparable homes priced from $324,900 to $515,000. Prices in 78705 have fallen 4.8% over the last 6 months. A similar home at 611 E 45th ST # 8, Austin TX 78751 carries an adjusted comparable value of $373,755, providing a strong data point. The comp data here (4 sales in 78705) 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