12232 Barrel BND, Austin TX 78748

The market data from 4 similar recent sales in SOUTHLAND OAKS points to a value of approximately $557,921. To sell within a reasonable timeframe at fair market value, the $398,000 to $408,000 range is where I'd position this. At this price, the property would be the most expensive of 6 comparable homes on the market comparable homes currently on the market in SOUTHLAND OAKS. The larger floor plan (126 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 6 comparable homes in SOUTHLAND OAKS; a seller's market based on recent absorption. In SOUTHLAND OAKS, home values have fallen approximately 27.3% over the past 6 months. One of the strongest data points is 11918 Arbor Downs RD, Austin TX 78748, adjusting to $550,126; a strong comparable. 4 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