405 SOUTH PARK DR # 2, Austin TX 78704

After reviewing 7 recent transactions in SOUTH PARK, I estimate this property's value at $473,991. A competitive list price for this home right now would fall in the $623,000 to $640,000 range. Relative to what's currently available in SOUTH PARK, this home would be the 2nd least expensive of 7 comparable homes on the market. At 5 years newer than typical comps, the 2023 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 1.78) contributes to the valuation. Current inventory shows 7 comparable homes in SOUTH PARK; a buyer's market based on recent absorption. Prices in 78704 have fallen 1% over the last 6 months. A similar home at 2610 CARNARVON LN Apt B, Austin TX 78704 carries an adjusted comparable value of $623,013, providing a strong data point. With 7 comparable sales in SOUTH PARK, 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