11812 Arbor Downs RD, Austin TX 78748

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $707,598. I'd recommend coming to market at $589,000 to $599,000 to strike the right balance between value and market velocity. In the current SOUTHLAND OAKS market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 0.35 acre lot (larger than the 0.29 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in SOUTHLAND OAKS; a seller's market based on recent absorption. The trend in SOUTHLAND OAKS shows prices have fallen 27.3% in the past 6 months. 3142 Montwood TRL, Austin TX 78748 nearby adjusts to $697,663; with a smaller floor plan. With 6 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