3005 Locke LN, Austin TX 78704

After reviewing 5 recent transactions in GARDEN OAKS, I estimate this property's value at $488,696. A competitive list price for this home right now would fall in the $341,000 to $351,000 range. This pricing would rank the home as the 2nd least expensive of 5 comparable homes on the market in GARDEN OAKS's current inventory. At 117 sqft smaller than the typical comp, the size difference factors into the valuation. Right now, 5 similar properties are competing for buyers in GARDEN OAKS, listed between $345,000 and $975,000. Prices in GARDEN OAKS have fallen 38.7% over the last 6 months. A similar home at 3005 Birdwood CIR, Austin TX 78704 carries an adjusted comparable value of $546,028, providing a strong data point. The comp data here (5 sales in GARDEN OAKS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus