When looking into the Hancock neighborhood for this $2.5 million listing, we found out some interesting things about it. For instance the Beau Site minidistrict within the neighborhood, according to Hancock's website, "has a complex history that is marked by land speculation, loan defaults, re-capitalization and shrewd development planning." It was envisioned as an elegant, private enclave, with very large lots and somewhat inaccessible to foot traffic from the surrounding neighborhood.
While some of the mansion-esque homes from that tiny area remain, the larger Hancock neighborhood where it resides—bounded by Duval Street on the west, I-35 on the east, East 45th Street on the north, and East 32nd Street on the south—contains a wider range of homes, as well as the Hancock Recreation Center and adjacent community golf course and a well-trafficked shopping center with a very large grocery store.
A close look at sales prices ranges in the neighborhood, as we're doing as part of a series with In an ongoing series, real-estate analytics site NeighborhoodX , to some extent reflects the range of housing stock in the area.
For instance, in April 2016, the average asking price in Hancock is $331/square foot, a little less than this Hampton Road house is going for.
At the top of the range though, is this Harris Avenue house, which is priced at $424/square foot.
Meanwhile, the bottom of the range is $259/square foot—almost $200 less than the unit price at the top—for this place on East 38th Street.
For a full, interactive chart of NeighborhoodX's analysis, click on the link below.
• Austin—Homes in the Range: Hancock (April 2016) [NeighborhoodX]