2105 Oak Motte LN, Austin TX 78744

The market data from 7 similar recent sales in SOUTH CREEK-SOUTH points to a value of approximately $175,384. To sell within a reasonable timeframe at fair market value, the $144,000 to $154,000 range is where I'd position this. With 1 comparable homes on the market in SOUTH CREEK-SOUTH, this price positions the property as below the only comparable home currently on the market. The 632 sqft size difference versus comparable sales is reflected in the adjusted values. The 1972 construction puts this home 11 years older than the comp average, a factor in the pricing. Current inventory shows 1 comparable homes in SOUTH CREEK-SOUTH; a buyer's market based on recent absorption. In 78744, home values have fallen approximately 2.5% over the past 6 months. One of the strongest data points is 1907 Blue Meadow DR, Austin TX 78744, adjusting to $163,600; with a larger floor plan. 7 comparable transactions in SOUTH CREEK-SOUTH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group