2202 Fair Oaks DR, Austin TX 78745

My analysis of 3 comparable properties puts this home's estimated value at $458,067. Based on how the local market is moving, a list price between $312,000 and $322,000 would position this home well. Relative to what's currently available in SOUTHERN OAKS, this home would be the 3rd least expensive of 7 comparable homes on the market. At 182 sqft smaller than the typical comp, the size difference factors into the valuation. At 8 years older than typical comps, the 1960 build date influences the valuation. Right now, 7 similar properties are competing for buyers in SOUTHERN OAKS, listed between $300,000 and $589,990. The 6 month price trend in SOUTHERN OAKS: fallen 57.5%. The best comp here is 2305 Laramie TRL, Austin TX 78745 at an adjusted value of $581,280, with a larger floor plan. The comp data here (3 sales in SOUTHERN OAKS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus