2302 Southern Oaks DR, Austin TX 78745

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $506,988. I'd recommend coming to market at $412,000 to $422,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in FAIRMONT PARK, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 119 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 7 comparable homes in FAIRMONT PARK; a balanced market based on recent absorption. The trend in FAIRMONT PARK shows prices have fallen 4.2% in the past 6 months. 5427 Fairmont CIR, Austin TX 78745 nearby adjusts to $437,832; with a larger floor plan. Based on 7 relevant data points in FAIRMONT PARK, 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