3028 Sunland DR, Austin TX 78748

Based on 4 closed sales in SOUTHLAND OAKS, the data points to a value around $696,206 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $563,000 to $573,000. Relative to what's currently available in SOUTHLAND OAKS, this home would be the 3rd most expensive of 7 comparable homes on the market. This home's larger footprint (199 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.33 acres versus 0.27 for the typical comp. 7 similar homes are currently available in SOUTHLAND OAKS, creating a balanced market for this price range. Market data shows SOUTHLAND OAKS prices fallen 8.8% over the last half year. The closest comparable sale, 3121 Yandall DR, Austin TX 78748 at an adjusted $680,992, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in SOUTHLAND OAKS. 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