Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $765,615. To generate strong buyer interest while maximizing value, I'd price this between $750,000 and $781,000. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in OAKMONT HEIGHTS. The 2006 construction puts this home 12 years newer than the comp average, a factor in the pricing. At 0.16 acres, the lot is larger than the 0.08 acre comp average, which factors into pricing. The trend in 78731 shows prices have risen 13.8% in the past 6 months. 1101 W 39 1/2 ST # B, Austin TX 78756 nearby adjusts to $945,238; a strong comparable. 7 comparable transactions in OAKMONT HEIGHTS 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