1906 FAIR OAKS DR, Austin TX 78745

Based on 7 closed sales in DEER PARK, the data points to a value around $369,380 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $362,000 to $377,000. Relative to what's currently available in DEER PARK, this home would be the 3rd least expensive of 7 comparable homes on the market. The smaller floor plan (373 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1962 (7 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in DEER PARK; a buyer's market based on recent absorption. Market data shows 78745 prices fallen 2.8% over the last half year. The closest comparable sale, 5502 Kings Highway, Austin TX 78745 at an adjusted $446,964, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in DEER PARK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group