2501 Great Oaks PKWY, Austin TX 78756

The market data from 5 similar recent sales in GREAT OAKS points to a value of approximately $1,564,300. To sell within a reasonable timeframe at fair market value, the $1,766,000 to $1,911,000 range is where I'd position this. With 4 comparable homes on the market in GREAT OAKS, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The pool is a differentiator here, since 4 of 5 comparable sales didn't include one. At 0.00 acres, the lot is smaller than the 0.36 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in GREAT OAKS, listed between $1,199,000 and $1,995,000. In GREAT OAKS, home values have fallen approximately 0.6% over the past 6 months. One of the strongest data points is 2517 Great Oaks PKWY, Austin TX 78756, adjusting to $2,035,994; with a larger floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group