5206 Buffalo PASS, Austin TX 78745

The comparable sales data (7 recent transactions in SOUTHERN OAKS) supports an estimated value of $585,744. The data suggests a list price between $475,000 and $485,000 would attract qualified buyers without leaving money on the table. Buyers shopping in SOUTHERN OAKS right now would see this as a well positioned option among 4 comparable homes. A pool adds market appeal. Only 7 minus 7 of the comps had one. Being built in 1960 (8 years older than comps) is factored into the value estimate. There are currently 4 similar homes on the market in SOUTHERN OAKS, ranging from $475,000 to $625,000. Prices in SOUTHERN OAKS have fallen 57.5% over the last 6 months. A similar home at 2203 Falcon Hill DR, Austin TX 78745 carries an adjusted comparable value of $590,901, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in SOUTHERN OAKS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group