3008 Burleson RD # A, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $401,709. For a well positioned listing in SANTA MONICA PARK, I'd target the $179,000 to $189,000 range. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in SANTA MONICA PARK. At 734 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.23 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in SANTA MONICA PARK; a buyer's market based on recent absorption. Recent trends in SANTA MONICA PARK show home values have risen 21.2% since 6 months ago. The most comparable recent sale is 2124 Burton DR # 164, Austin TX 78741, with an adjusted value of $193,371; with a smaller floor plan. 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