2405 Ventura DR # A, Austin TX 78741

The estimated value of this property is $247,477, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $240,000 and $255,000. Against 3 similar active listings in SANTA MONICA PARK, this price point lands at the most affordable of 3 comparable homes on the market. The 170 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1966, this home is 6 years older than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in SANTA MONICA PARK (a balanced market), competition is a factor to consider. Recent trends in SANTA MONICA PARK show home values have fallen 6.3% since 6 months ago. The most comparable recent sale is 2200 Cadiz CIR, Austin TX 78741, with an adjusted value of $344,282; with a larger floor plan. Based on 5 relevant data points in SANTA MONICA 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