3115 W Fontana DR, Austin TX 78704

After reviewing 7 recent transactions in SOUTH PARK, I estimate this property's value at $450,108. A competitive list price for this home right now would fall in the $264,000 to $274,000 range. Relative to what's currently available in SOUTH PARK, this home would be the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (281 sqft compared to the average comp) is a meaningful differentiator in this price range. At 22 years older than typical comps, the 1956 build date influences the valuation. Buyers in SOUTH PARK have 7 comparable options right now, with asking prices between $259,000 and $575,000. Prices in SOUTH PARK have fallen 61.4% over the last 6 months. A similar home at 504 Powell CIR, Austin TX 78704 carries an adjusted comparable value of $540,725, providing a strong data point. With 7 comparable sales in SOUTH PARK, 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