3607 Thompson ST, Austin TX 78702

My analysis of 7 comparable properties puts this home's estimated value at $486,461. Based on how the local market is moving, a list price between $368,000 and $378,000 would position this home well. This would position the home competitively among 3 active listings in GOODWIN E. The larger lot (0.24 acres versus the area average of 0.16) contributes to the valuation. Current inventory shows 3 comparable homes in GOODWIN E; a buyer's market based on recent absorption. The 6 month price trend in 78702: fallen 2.2%. The best comp here is 2911 Prado ST, Austin TX 78702 at an adjusted value of $400,162, a strong comparable. With 7 comparable sales in GOODWIN E, 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