11609 Arbor Downs RD, Austin TX 78748

The market data from 3 similar recent sales in SOUTHLAND OAKS points to a value of approximately $573,325. To sell within a reasonable timeframe at fair market value, the $383,000 to $393,000 range is where I'd position this. In the current SOUTHLAND OAKS market with 6 similar homes available, this price represents the most expensive of 6 comparable homes on the market. At 0.26 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. 6 similar homes are currently available in SOUTHLAND OAKS, creating a seller's market for this price range. In SOUTHLAND OAKS, home values have fallen approximately 27.3% over the past 6 months. One of the strongest data points is 12201 Barrel BND, Austin TX 78748, adjusting to $560,151; a strong comparable. 3 comparable transactions in SOUTHLAND OAKS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group