After reviewing 4 recent transactions in GARDEN OAKS, I estimate this property's value at $1,223,579. A competitive list price for this home right now would fall in the $1,187,000 to $1,260,000 range. Buyers shopping in GARDEN OAKS right now would see this as a well positioned option among 4 comparable homes. The larger floor plan (119 sqft compared to the average comp) is a meaningful differentiator in this price range. At 6 years older than typical comps, the 2008 build date influences the valuation. Buyers in GARDEN OAKS have 4 comparable options right now, with asking prices between $1,060,000 and $1,480,000. Prices in GARDEN OAKS have fallen 23.5% over the last 6 months. A similar home at 133 Frederick ST # A, Austin TX 78704 carries an adjusted comparable value of $836,266, providing a strong data point. The comp data here (4 sales in GARDEN OAKS) 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