912 E 32nd ST # 102, Austin TX 78705

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $293,735. To generate strong buyer interest while maximizing value, I'd price this between $238,000 and $248,000. With 4 comparable homes on the market in HANCOCK PLACE CONDO, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The larger floor plan (181 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1965 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in HANCOCK PLACE CONDO; a buyer's market based on recent absorption. The trend in 78705 shows prices have fallen 17.3% in the past 6 months. 3815 Guadalupe ST # 204, Austin TX 78751 nearby adjusts to $236,678; with a smaller floor plan. 3 comparable transactions in HANCOCK PLACE CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group