3606 Thompson ST, Austin TX 78702

The market data from 7 similar recent sales in GOODWIN E points to a value of approximately $676,229. To sell within a reasonable timeframe at fair market value, the $1,707,000 to $1,780,000 range is where I'd position this. In the current GOODWIN E market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. This home's larger footprint (1,697 sqft vs the comp average) plays a role in how the market prices it. The 1937 construction puts this home 23 years older than the comp average, a factor in the pricing. The active market in GOODWIN E includes 7 comparable homes priced from $1,190,000 to $2,600,000. In 78702, home values have fallen approximately 7.8% over the past 6 months. One of the strongest data points is 829 Gullett ST, Austin TX 78702, adjusting to $950,992; with a smaller floor plan. 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