1183 Oakgrove Ave # 2, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $472,591. To generate strong buyer interest while maximizing value, I'd price this between $370,000 and $380,000. In the current HOMEWOOD HEIGHTS market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The 2022 construction puts this home 18 years newer than the comp average, a factor in the pricing. At 0.15 acres, the lot is larger than the 0.10 acre comp average, which factors into pricing. 7 similar homes are currently available in HOMEWOOD HEIGHTS, creating a buyer's market for this price range. The trend in 78702 shows prices have fallen 6.6% in the past 6 months. 3101 Govalle Ave # 303, Austin TX 78702 nearby adjusts to $459,744; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group