3138 Montwood TRL, Austin TX 78748

The market data from 6 similar recent sales in SOUTHLAND OAKS points to a value of approximately $658,926. To sell within a reasonable timeframe at fair market value, the $525,000 to $535,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in SOUTHLAND OAKS. At 0.29 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. 7 similar homes are currently available in SOUTHLAND OAKS, creating a seller's market for this price range. In SOUTHLAND OAKS, home values have fallen approximately 19.3% over the past 6 months. One of the strongest data points is 3121 Yandall DR, Austin TX 78748, adjusting to $631,114; with a larger floor plan. The 6 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