3007 Catalina DR, Austin TX 78741

My analysis of 7 comparable properties puts this home's estimated value at $352,104. Based on how the local market is moving, a list price between $373,000 and $407,000 would position this home well. Relative to what's currently available in SANTA MONICA PARK, this home would be the 3rd least expensive of 7 comparable homes on the market. At 11 years newer than typical comps, the 1999 build date influences the valuation. The larger lot (0.35 acres versus the area average of 0.11) contributes to the valuation. Current inventory shows 7 comparable homes in SANTA MONICA PARK; a balanced market based on recent absorption. The 6 month price trend in SANTA MONICA PARK: fallen 6.3%. The best comp here is 2200 Cadiz CIR, Austin TX 78741 at an adjusted value of $465,974, a strong comparable. With 7 comparable sales in SANTA MONICA PARK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group