3966 Far West BLVD, Austin TX 78731

The market data from 4 similar recent sales in CHIMNEY OAKS TWNHS points to a value of approximately $491,816. To sell within a reasonable timeframe at fair market value, the $594,000 to $967,000 range is where I'd position this. Against 7 similar active listings in CHIMNEY OAKS TWNHS, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (203 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1969 construction puts this home 11 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in CHIMNEY OAKS TWNHS; a buyer's market based on recent absorption. In 78731, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 3704 Williamsburg CIR, Austin TX 78731, adjusting to $537,651; a strong comparable. 4 comparable transactions in CHIMNEY OAKS TWNHS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group