10620 Marias river DR, Austin TX 78748

Reviewing the most recent comparable transactions, this home's market value falls around $287,998. For a well positioned listing in TEXAS OAKS, I'd target the $305,000 to $307,000 range. In the current TEXAS OAKS market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. Being 425 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.09 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. With 2 similar homes currently listed in TEXAS OAKS (a balanced market), competition is a factor to consider. Recent trends in TEXAS OAKS show home values have risen 8.8% since 6 months ago. The most comparable recent sale is 701 Mankato DR, Austin TX 78748, with an adjusted value of $304,677; with a larger floor plan. The 7 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