3008 Burleson RD # B, Austin TX 78741

Based on 7 closed sales in SANTA MONICA PARK, the data points to a value around $394,190 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $338,000 to $348,000. This would position the home competitively among 7 active listings in SANTA MONICA PARK. At 260 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.23 acres versus 0.13 for the typical comp. Current inventory shows 7 comparable homes in SANTA MONICA PARK; a buyer's market based on recent absorption. Market data shows SANTA MONICA PARK prices risen 21.2% over the last half year. The closest comparable sale, 2200 Cadiz CIR, Austin TX 78741 at an adjusted $406,669, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SANTA MONICA PARK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group