Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $806,540. To generate strong buyer interest while maximizing value, I'd price this between $828,000 and $929,000. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in OAKMONT HEIGHTS. The 110 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.16 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. Buyers in OAKMONT HEIGHTS have 4 comparable options right now, with asking prices between $765,000 and $1,150,000. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 1904 W 39th ST # A, Austin TX 78731 nearby adjusts to $809,883; a strong comparable. 5 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