3200 S 5th ST # 2, Austin TX 78704

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $774,805. I'd recommend coming to market at $633,000 to $643,000 to strike the right balance between value and market velocity. Against 7 similar active listings in GARDEN OAKS, this price point lands at the 3rd most expensive of 7 comparable homes on the market. Built in 2009, this home is 8 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in GARDEN OAKS (a buyer's market), competition is a factor to consider. The trend in GARDEN OAKS shows prices have fallen 23.5% in the past 6 months. 604 Cumberland RD, Austin TX 78704 nearby adjusts to $986,032; with a larger floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group