2624 Niemann DR, Austin TX 78748

The estimated value of this property is $769,148, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $911,000 and $917,000. Against 3 similar active listings in SOUTHLAND OAKS, this price point lands at the most affordable of 3 comparable homes on the market. This home's larger footprint (2,011 sqft vs the comp average) plays a role in how the market prices it. The 0.31 acre lot (larger than the 0.25 acre average) is reflected in the estimate. With 3 similar homes currently listed in SOUTHLAND OAKS (a seller's market), competition is a factor to consider. Recent trends in SOUTHLAND OAKS show home values have fallen 41.5% since 6 months ago. The most comparable recent sale is 2608 Dante CT, Austin TX 78748, with an adjusted value of $937,280; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group