1709 Fair Oaks DR, Austin TX 78745

The estimated value of this property is $413,831, based on 4 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $466,000 and $493,000. Against 7 similar active listings in DEER PARK, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Being 466 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1962, this home is 22 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in DEER PARK; a buyer's market based on recent absorption. Recent trends in 78745 show home values have fallen 5.2% since 6 months ago. The most comparable recent sale is 5507 Kings Highway, Austin TX 78745, with an adjusted value of $261,200; with a larger floor plan. With 4 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