3103 Ray Wood DR, Austin TX 78704

The comparable sales data (3 recent transactions in GARDEN OAKS) supports an estimated value of $622,187. The data suggests a list price between $441,000 and $451,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in GARDEN OAKS, this home would be the most expensive of 4 comparable homes on the market. At 115 sqft smaller than the typical comp, the size difference factors into the valuation. There are currently 4 similar homes on the market in GARDEN OAKS, ranging from $480,000 to $740,000. Prices in GARDEN OAKS have fallen 36.5% over the last 6 months. A similar home at 2506 Euclid Ave, Austin TX 78704 carries an adjusted comparable value of $587,616, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in GARDEN 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