2215 FANCY GAP LN, Austin TX 78745

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $588,387. I'd recommend coming to market at $449,000 to $459,000 to strike the right balance between value and market velocity. Against 7 similar active listings in SOUTHWEST OAKS, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (101 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.00 acre lot (smaller than the 0.18 acre average) is reflected in the estimate. The active market in SOUTHWEST OAKS includes 7 comparable homes priced from $430,000 to $775,000. The trend in SOUTHWEST OAKS shows prices have fallen 19.6% in the past 6 months. 7805 Manassas DR, Austin TX 78745 nearby adjusts to $474,974; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group