914 E 32nd ST # 102, Austin TX 78705

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $290,995. I'd recommend coming to market at $238,000 to $248,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in HANCOCK PLACE CONDO, this price positions the property as the most expensive of 3 comparable homes on the market. At 175 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1965, this home is 5 years older than the average comp, which is reflected in the adjustments. There are currently 3 similar homes on the market in HANCOCK PLACE CONDO, ranging from $249,995 to $399,000. The trend in 78705 shows prices have fallen 7.5% in the past 6 months. 3815 Guadalupe ST # 204, Austin TX 78751 nearby adjusts to $236,830; with a smaller floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group