3006 Pin Oak CT, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $536,146. For a well positioned listing in SOUTH TERRACE, I'd target the $316,000 to $326,000 range. With 7 comparable homes on the market in SOUTH TERRACE, this price positions the property as the most expensive of 7 comparable homes on the market. Being 126 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1961 construction puts this home 10 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in SOUTH TERRACE (a balanced market), competition is a factor to consider. Recent trends in SOUTH TERRACE show home values have fallen 23.2% since 6 months ago. The most comparable recent sale is 3203 Dolphin DR, Austin TX 78704, with an adjusted value of $566,586; a strong comparable. The 7 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