3003 Leaning Oak CIR, Austin TX 78704

The market data from 4 similar recent sales in SOUTH TERRACE points to a value of approximately $657,831. To sell within a reasonable timeframe at fair market value, the $494,000 to $504,000 range is where I'd position this. Among the similar homes currently available in SOUTH TERRACE, this price point stands out as competitive. Being 139 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.21 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. With 7 similar homes currently listed in SOUTH TERRACE (a buyer's market), competition is a factor to consider. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 3014 Pin Oak CT, Austin TX 78704, adjusting to $679,637; with a larger floor plan. 4 comparable transactions in SOUTH TERRACE 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