601 E 43rd ST # A, Austin TX 78751

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $290,023. I'd recommend coming to market at $189,000 to $199,000 to strike the right balance between value and market velocity. In the current HANCOCK market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Being 286 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1950, this home is 11 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in HANCOCK, ranging from $194,900 to $255,000. The trend in 78751 shows prices have risen 5.8% in the past 6 months. 400 W 35th ST # 104, Austin TX 78705 nearby adjusts to $198,608; a strong comparable. Based on 7 relevant data points in HANCOCK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX