3204 Dolphin DR, Austin TX 78704

The market data from 3 similar recent sales in SOUTH TERRACE points to a value of approximately $636,157. To sell within a reasonable timeframe at fair market value, the $484,000 to $494,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in SOUTH TERRACE. At 104 sqft smaller than the typical comp, the size difference factors into the valuation. The 1962 construction puts this home 7 years newer than the comp average, a factor in the pricing. The active market in SOUTH TERRACE includes 4 comparable homes priced from $504,990 to $999,000. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 2015 Ford ST, Austin TX 78704, adjusting to $730,262; with a larger floor plan. 3 comparable transactions in SOUTH TERRACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group