3006 Pin Oak CT, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $771,275. For a well positioned listing in SOUTH TERRACE, I'd target the $311,000 to $321,000 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. The 1961 construction puts this home 9 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in SOUTH TERRACE (a buyer's market), competition is a factor to consider. Recent trends in SOUTH TERRACE show home values have risen 58.7% since 6 months ago. The most comparable recent sale is 2206 La Casa DR, Austin TX 78704, with an adjusted value of $672,381; a strong comparable. The 4 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