1176 Oakgrove Ave # 2, Austin TX 78702

My analysis of 3 comparable properties puts this home's estimated value at $470,416. Based on how the local market is moving, a list price between $524,000 and $531,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in HOMEWOOD HEIGHTS's current inventory. The larger lot (0.19 acres versus the area average of 0.15) contributes to the valuation. Current inventory shows 7 comparable homes in HOMEWOOD HEIGHTS; a buyer's market based on recent absorption. The 6 month price trend in HOMEWOOD HEIGHTS: fallen 20.1%. The best comp here is 2200 E 18th ST, Austin TX 78702 at an adjusted value of $507,623, a strong comparable. The comp data here (3 sales in HOMEWOOD HEIGHTS) 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