5308 Buffalo PASS, Austin TX 78745

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $730,178. Pricing this home between $597,000 and $607,000 would put it in the competitive sweet spot for SOUTHERN OAKS. This would position the home competitively among 5 active listings in SOUTHERN OAKS. The smaller floor plan (263 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.20 acres versus the area average of 0.24) contributes to the valuation. With 5 similar homes currently listed in SOUTHERN OAKS (a balanced market), competition is a factor to consider. Market data shows SOUTHERN OAKS prices fallen 33.5% over the last half year. The closest comparable sale, 5213 Buffalo PASS, Austin TX 78745 at an adjusted $822,514, is a strong comparable. The comp data here (4 sales in SOUTHERN OAKS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus