2810 Oak Springs DR # 1, Austin TX 78702

The market data from 4 similar recent sales in LOUIS HERRERA points to a value of approximately $1,136,652. To sell within a reasonable timeframe at fair market value, the $776,000 to $786,000 range is where I'd position this. Against 7 similar active listings in LOUIS HERRERA, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 244 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.30 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. With 7 similar homes currently listed in LOUIS HERRERA (a buyer's market), competition is a factor to consider. In 78702, home values have fallen approximately 4.9% over the past 6 months. One of the strongest data points is 1168 1/2 Ridgeway DR # 1, Austin TX 78702, adjusting to $1,031,710; a strong comparable. 4 comparable transactions in LOUIS HERRERA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group