2001 Fair Oaks DR, Austin TX 78745

After reviewing 7 recent transactions in SOUTHERN OAKS, I estimate this property's value at $511,083. A competitive list price for this home right now would fall in the $341,000 to $351,000 range. This would position the home competitively among 6 active listings in SOUTHERN OAKS. The 667 sqft size difference versus comparable sales is reflected in the adjusted values. At 13 years older than typical comps, the 1959 build date influences the valuation. Buyers in SOUTHERN OAKS have 6 comparable options right now, with asking prices between $315,000 and $545,000. Prices in SOUTHERN OAKS have fallen 33.5% over the last 6 months. A similar home at 5213 Buffalo PASS, Austin TX 78745 carries an adjusted comparable value of $667,807, providing a strong data point. With 7 comparable sales in SOUTHERN OAKS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group