3102 Dolphin DR, Austin TX 78704

After reviewing 7 recent transactions in SOUTH TERRACE, I estimate this property's value at $472,181. A competitive list price for this home right now would fall in the $266,000 to $276,000 range. Relative to what's currently available in SOUTH TERRACE, this home would be the 2nd most expensive of 7 comparable homes on the market. At 17 years older than typical comps, the 1962 build date influences the valuation. The smaller lot (0.19 acres versus the area average of 1.24) contributes to the valuation. The active market in SOUTH TERRACE includes 7 comparable homes priced from $299,000 to $999,000. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 3203 Dolphin DR, Austin TX 78704 carries an adjusted comparable value of $579,198, providing a strong data point. The comp data here (7 sales in SOUTH TERRACE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus