1406 S Redondo DR, Austin TX 78721

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $535,950. I'd recommend coming to market at $520,000 to $542,000 to strike the right balance between value and market velocity. In the current OAK LAWN market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. This home's larger footprint (135 sqft vs the comp average) plays a role in how the market prices it. Buyers in OAK LAWN have 3 comparable options right now, with asking prices between $444,000 and $525,000. The trend in 78721 shows prices have fallen 7.5% in the past 6 months. 1409 Deloney ST # 2, Austin TX 78721 nearby adjusts to $593,480; a strong comparable. 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