3804 Southway # 3, Austin TX 78704

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $272,299. I'd recommend coming to market at $267,000 to $278,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in SOUTHRIDGE. At 142 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1971, this home is 10 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in SOUTHRIDGE, creating a buyer's market for this price range. The trend in 78704 shows prices have fallen 3% in the past 6 months. 842 BANISTER LN, Austin TX 78704 nearby adjusts to $220,491; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group