2605 Birchleaf TRL, Austin TX 78748

The market data from 7 similar recent sales in SOUTHLAND OAKS points to a value of approximately $400,184. To sell within a reasonable timeframe at fair market value, the $295,000 to $305,000 range is where I'd position this. Against 7 similar active listings in SOUTHLAND OAKS, this price point lands at the 4th most expensive of 7 comparable homes on the market. At 446 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.13 acres, the lot is smaller than the 0.20 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in SOUTHLAND OAKS, listed between $317,000 and $444,900. In SOUTHLAND OAKS, home values have fallen approximately 8.8% over the past 6 months. One of the strongest data points is 2519 Gate Ridge DR, Austin TX 78748, adjusting to $376,622; a strong comparable. The 7 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