2704 Arroyo Blanco CV, Austin TX 78748

The market data from 3 similar recent sales in SOUTHLAND OAKS points to a value of approximately $690,851. To sell within a reasonable timeframe at fair market value, the $710,000 to $737,000 range is where I'd position this. With 3 comparable homes on the market in SOUTHLAND OAKS, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (182 sqft vs the comp average) plays a role in how the market prices it. At 0.44 acres, the lot is larger than the 0.27 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in SOUTHLAND OAKS; a balanced market based on recent absorption. In SOUTHLAND OAKS, home values have risen approximately 12.4% over the past 6 months. One of the strongest data points is 11500 Arbor Downs RD, Austin TX 78748, adjusting to $684,369; with a larger floor plan. The 3 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