3206 Locke LN, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $726,631. For a well positioned listing in GARDEN OAKS, I'd target the $600,000 to $610,000 range. Among the similar homes currently available in GARDEN OAKS, this price point stands out as competitive. The larger floor plan (137 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.26 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. The active market in GARDEN OAKS includes 7 comparable homes priced from $570,000 to $1,085,000. Recent trends in GARDEN OAKS show home values have fallen 36.5% since 6 months ago. The most comparable recent sale is 2609 S 4th ST, Austin TX 78704, with an adjusted value of $697,550; 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