3207 Overcup Oak DR, Austin TX 78704

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $449,614. Pricing this home between $283,000 and $293,000 would put it in the competitive sweet spot for SOUTH TERRACE. This would position the home competitively among 5 active listings in SOUTH TERRACE. The smaller lot (0.00 acres versus the area average of 0.18) contributes to the valuation. The active market in SOUTH TERRACE includes 5 comparable homes priced from $299,000 to $610,000. Market data shows SOUTH TERRACE prices risen 58.7% over the last half year. The closest comparable sale, 3203 Dolphin DR, Austin TX 78704 at an adjusted $559,375, is a strong comparable. With 3 comparable sales in SOUTH TERRACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group