2403 Davis LN, Austin TX 78745

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $661,313. I'd recommend coming to market at $398,000 to $408,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in OAK VALLEY PARK. The larger floor plan (107 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1971, this home is 7 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in OAK VALLEY PARK (a buyer's market), competition is a factor to consider. The trend in 78745 shows prices have fallen 5.2% in the past 6 months. 2400 Rustic Oak LN, Austin TX 78748 nearby adjusts to $814,439; with a pool. 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