3113 Fontana DR # A, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,026,358. To generate strong buyer interest while maximizing value, I'd price this between $792,000 and $802,000. With 4 comparable homes on the market in SOUTH PARK, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. At 130 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.23 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in SOUTH PARK, ranging from $699,000 to $1,150,000. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 607 Terrell Hill DR # B, Austin TX 78704 nearby adjusts to $1,061,383; with a larger floor plan. The 4 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