2007 Fair Oaks DR, Austin TX 78745

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $512,664. I'd recommend coming to market at $604,000 to $610,000 to strike the right balance between value and market velocity. In the current SOUTHERN OAKS market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. Built in 1959, this home is 7 years older than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in SOUTHERN OAKS (a seller's market), competition is a factor to consider. The trend in SOUTHERN OAKS shows prices have fallen 22.4% in the past 6 months. 5301 Buffalo PASS, Austin TX 78745 nearby adjusts to $555,823; a strong comparable. Based on 7 relevant data points in SOUTHERN OAKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX