3612 Thompson ST, Austin TX 78702

Based on 7 closed sales in GOODWIN E, the data points to a value around $514,430 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $411,000 to $421,000. Relative to what's currently available in GOODWIN E, this home would be the 3rd least expensive of 7 comparable homes on the market. Being built in 1939 (32 years older than comps) is factored into the value estimate. Lot size matters here: 0.49 acres versus 0.17 for the typical comp. The active market in GOODWIN E includes 7 comparable homes priced from $389,999 to $2,100,000. Market data shows 78702 prices fallen 2.2% over the last half year. The closest comparable sale, 3406 Goodwin Ave, Austin TX 78702 at an adjusted $385,531, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in GOODWIN E. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group