3111 Powell CIR # B, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $746,719. For a well positioned listing in SOUTH PARK, I'd target the $608,000 to $618,000 range. In the current SOUTH PARK market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.11 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SOUTH PARK; a balanced market based on recent absorption. Recent trends in SOUTH PARK show home values have fallen 61.4% since 6 months ago. The most comparable recent sale is 2310 Thornton RD # A, Austin TX 78704, with an adjusted value of $574,280; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group