4308 Red River ST, Austin TX 78751

After reviewing 4 recent transactions in HANCOCK, I estimate this property's value at $608,053. A competitive list price for this home right now would fall in the $365,000 to $375,000 range. Relative to what's currently available in HANCOCK, this home would be the 3rd least expensive of 7 comparable homes on the market. At 8 years newer than typical comps, the 1953 build date influences the valuation. The larger lot (0.24 acres versus the area average of 0.17) contributes to the valuation. 7 similar homes are currently available in HANCOCK, creating a buyer's market for this price range. Prices in 78751 have risen 2.7% over the last 6 months. A similar home at 1027 E 43rd ST, Austin TX 78751 carries an adjusted comparable value of $518,570, providing a strong data point. With 4 comparable sales in HANCOCK, 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