2605 S 3rd ST, Austin TX 78704

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $1,088,993. I'd recommend coming to market at $1,056,000 to $1,122,000 to strike the right balance between value and market velocity. Against 5 similar active listings in OAK RIDGE HEIGHTS, this price point lands at the 2nd least expensive of 5 comparable homes on the market. Built in 2011, this home is 7 years older than the average comp, which is reflected in the adjustments. The active market in OAK RIDGE HEIGHTS includes 5 comparable homes priced from $1,060,000 to $1,699,000. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 2707 La Mesa DR, Austin TX 78704 nearby adjusts to $1,220,176; with a smaller floor plan. Based on 3 relevant data points in OAK RIDGE HEIGHTS, 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