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In an ongoing series for Curbed Austin, real-estate analytics site NeighborhoodX is taking a close look at sales price ranges in different neighborhoods.
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Today's analysis focuses on the Hancock neighborhood, an interesting and storied area in the central city. The neighborhood contains within it a minidistrict called Beau Site that, 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.
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While some of the mansion-esque homes from that tiny area remain, the larger Hancock neighborhood surrounding it—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.
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The current average listing price for Hancock is $335 per square foot, although the individual properties that make up that average range from $194/square foot (800 Leonard Street, a four-bedroom home on Waller Creek asking $825,000) to $530/square foot (4304 Caswell Avenue, a small 1950 home asking $450,000).
For a full, interactive chart of NeighborhoodX's analysis, click on the link below.
• Austin: Hancock price range (Sept. 2016) [NeighborhoodX]