3309 Thompson ST # 2, Austin TX 78702

The market data from 7 similar recent sales in PECAN GARDEN points to a value of approximately $609,902. To sell within a reasonable timeframe at fair market value, the $382,000 to $392,000 range is where I'd position this. Against 3 similar active listings in PECAN GARDEN, this price point lands at the 0th most expensive of 3 comparable homes on the market. The 2020 construction puts this home 19 years newer than the comp average, a factor in the pricing. At 0.18 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in PECAN GARDEN, listed between $429,900 and $599,000. In 78702, home values have fallen approximately 3.3% over the past 6 months. One of the strongest data points is 517 Tillery ST # 1, Austin TX 78702, adjusting to $540,543; 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