2204 Fair Oaks DR, Austin TX 78745

The comparable sales data (6 recent transactions in SOUTHERN OAKS) supports an estimated value of $776,129. The data suggests a list price between $761,000 and $792,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in SOUTHERN OAKS, this home would be the 2nd most expensive of 7 comparable homes on the market. The 133 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1960 (6 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in SOUTHERN OAKS; a buyer's market based on recent absorption. Prices in SOUTHERN OAKS have risen 244.6% over the last 6 months. A similar home at 5406 Buffalo PASS, Austin TX 78745 carries an adjusted comparable value of $925,015, providing a strong data point. The strength of this estimate comes from 6 directly comparable sales in SOUTHERN OAKS. 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