3400 SPEEDWAY # 305, Austin TX 78705

Reviewing the most recent comparable transactions, this home's market value falls around $230,643. For a well positioned listing in HYDE PARK CONDOMINIUMS, I'd target the $250,000 to $254,000 range. Against 6 similar active listings in HYDE PARK CONDOMINIUMS, this price point lands at the 2nd least expensive of 6 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.05 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in HYDE PARK CONDOMINIUMS; a buyer's market based on recent absorption. Recent trends in 78705 show home values have fallen 17.1% since 6 months ago. The most comparable recent sale is 2902 Cole ST # 311, Austin TX 78705, with an adjusted value of $239,708; a strong comparable. The 5 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