3305 Dolphin DR, Austin TX 78704

The market data from 7 similar recent sales in SOUTHRIDGE points to a value of approximately $422,870. To sell within a reasonable timeframe at fair market value, the $1,957,000 to $1,958,000 range is where I'd position this. With 7 comparable homes on the market in SOUTHRIDGE, this price positions the property as the most affordable of 7 comparable homes on the market. Being 2,401 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.38 acres, the lot is smaller than the 0.80 acre comp average, which factors into pricing. With 7 similar homes currently listed in SOUTHRIDGE (a buyer's market), competition is a factor to consider. In SOUTHRIDGE, home values have fallen approximately 83.7% over the past 6 months. One of the strongest data points is 3819 Southway DR # 106, Austin TX 78704, adjusting to $307,156; with a smaller floor plan. 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