3203 Overcup Oak DR, Austin TX 78704

The market data from 7 similar recent sales in SOUTH TERRACE points to a value of approximately $461,915. To sell within a reasonable timeframe at fair market value, the $276,000 to $286,000 range is where I'd position this. Against 7 similar active listings in SOUTH TERRACE, this price point lands at the 4th most expensive of 7 comparable homes on the market. The smaller floor plan (185 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1963 construction puts this home 6 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in SOUTH TERRACE, ranging from $299,000 to $999,000. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 3203 Dolphin DR, Austin TX 78704, adjusting to $615,104; a strong comparable. The 7 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