1009 Cardinal LN, Austin TX 78704

The estimated value of this property is $377,148, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $239,000 and $249,000. In the current GARDEN OAKS market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. Being 305 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.21 acre lot (smaller than the 0.63 acre average) is reflected in the estimate. The active market in GARDEN OAKS includes 3 comparable homes priced from $220,000 to $725,000. Recent trends in GARDEN OAKS show home values have fallen 23.5% since 6 months ago. The most comparable recent sale is 3202 Locke LN, Austin TX 78704, with an adjusted value of $504,448; with a larger floor plan. With 7 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