912 E 32nd St. ST E # 101, Austin TX 78705

The market data from 4 similar recent sales in HANCOCK PLACE CONDOMINIUMS points to a value of approximately $236,640. To sell within a reasonable timeframe at fair market value, the $185,000 to $195,000 range is where I'd position this. Against 4 similar active listings in HANCOCK PLACE CONDOMINIUMS, this price point lands at the 2nd most expensive of 4 comparable homes on the market. The 1965 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.04 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. With 4 similar homes currently listed in HANCOCK PLACE CONDOMINIUMS (a buyer's market), competition is a factor to consider. In 78705, home values have fallen approximately 10.6% over the past 6 months. One of the strongest data points is 3110 Red River ST # 212, Austin TX 78705, adjusting to $241,533; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group