3302 Santa Monica DR, Austin TX 78741

After reviewing 6 recent transactions in SANTA MONICA PARK, I estimate this property's value at $490,442. A competitive list price for this home right now would fall in the $375,000 to $385,000 range. Relative to what's currently available in SANTA MONICA PARK, this home would be the 4th most expensive of 7 comparable homes on the market. The larger lot (0.23 acres versus the area average of 0.20) contributes to the valuation. 7 similar homes are currently available in SANTA MONICA PARK, creating a buyer's market for this price range. Prices in SANTA MONICA PARK have risen 14.1% over the last 6 months. A similar home at 3500 Catalina DR, Austin TX 78741 carries an adjusted comparable value of $490,968, providing a strong data point. The comp data here (6 sales in SANTA MONICA PARK) 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