3002 Ray Wood DR, Austin TX 78704

The comparable sales data (5 recent transactions in GARDEN OAKS) supports an estimated value of $437,814. The data suggests a list price between $425,000 and $451,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most affordable of 3 comparable homes on the market in GARDEN OAKS's current inventory. The 123 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1962 (7 years newer than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in GARDEN OAKS; a buyer's market based on recent absorption. Prices in GARDEN OAKS have fallen 23.5% over the last 6 months. A similar home at 308 Lightsey RD, Austin TX 78704 carries an adjusted comparable value of $403,975, providing a strong data point. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus