3102 S Oak, Austin TX 78704

My analysis of 3 comparable properties puts this home's estimated value at $632,170. Based on how the local market is moving, a list price between $727,000 and $826,000 would position this home well. Buyers shopping in SOUTH TERRACE right now would see this as a well positioned option among 3 comparable homes. This home's smaller footprint (109 sqft vs the comp average) plays a role in how the market prices it. At 6 years newer than typical comps, the 1961 build date influences the valuation. Buyers in SOUTH TERRACE have 3 comparable options right now, with asking prices between $699,000 and $999,000. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 2206 La Casa DR, Austin TX 78704 at an adjusted value of $683,857, a strong comparable. With 3 comparable sales in SOUTH TERRACE, 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