5101 Periwinkle PATH, Austin TX 78745

The estimated value of this property is $413,392, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $295,000 and $305,000. In the current SOUTHERN OAKS market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The 138 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1963, this home is 8 years older than the average comp, which is reflected in the adjustments. Buyers in SOUTHERN OAKS have 7 comparable options right now, with asking prices between $300,000 and $519,000. Recent trends in SOUTHERN OAKS show home values have fallen 50.7% since 6 months ago. The most comparable recent sale is 5213 Buffalo PASS, Austin TX 78745, with an adjusted value of $321,350; with a larger floor plan and a pool. With 3 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