7 recent sales within a mile of this address suggest a current value of $1,024,170. My recommended list price range for this property would be $1,308,000 to $1,744,000. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in SOUTHRIDGE. The 688 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.35 acre lot (smaller than the 0.89 acre average) is reflected in the estimate. Buyers in SOUTHRIDGE have 7 comparable options right now, with asking prices between $1,049,000 and $2,970,000. In SOUTHRIDGE, home values have fallen approximately 83.7% over the past 6 months. One of the strongest data points is 3819 Southway DR # 104, Austin TX 78704, adjusting to $271,213; with a smaller 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