3202 Locke LN, Austin TX 78704

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $476,936. Pricing this home between $313,000 and $323,000 would put it in the competitive sweet spot for GARDEN OAKS. This home's position in the current GARDEN OAKS market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 8 years newer than typical comps, the 1963 build date influences the valuation. The larger lot (0.27 acres versus the area average of 0.16) contributes to the valuation. The active market in GARDEN OAKS includes 7 comparable homes priced from $299,900 to $875,000. Market data shows GARDEN OAKS prices fallen 23.5% over the last half year. The closest comparable sale, 308 Lightsey RD, Austin TX 78704 at an adjusted $419,043, is a strong comparable. The comp data here (3 sales in GARDEN OAKS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus