2608 Niemann DR, Austin TX 78748

After reviewing 5 recent transactions in SOUTHLAND OAKS, I estimate this property's value at $706,600. A competitive list price for this home right now would fall in the $754,000 to $781,000 range. This pricing would rank the home as the 3rd most expensive of 5 comparable homes on the market in SOUTHLAND OAKS's current inventory. Being 513 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.31 acres versus the area average of 0.28) contributes to the valuation. With 5 similar homes currently listed in SOUTHLAND OAKS (a balanced market), competition is a factor to consider. Prices in SOUTHLAND OAKS have risen 12.4% over the last 6 months. A similar home at 11500 Arbor Downs RD, Austin TX 78748 carries an adjusted comparable value of $711,920, providing a strong data point. The comp data here (5 sales in SOUTHLAND OAKS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus