1505 Oak Heights DR, Austin TX 78741

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $642,565. To generate strong buyer interest while maximizing value, I'd price this between $465,000 and $475,000. In the current ELMHURST OAKS market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Being 312 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1999 construction puts this home 20 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in ELMHURST OAKS, listed between $445,000 and $1,395,000. The trend in 78741 shows prices have fallen 10.7% in the past 6 months. 3104 Santa Monica DR, Austin TX 78741 nearby adjusts to $794,068; a strong comparable. 7 comparable transactions in ELMHURST OAKS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group