1821 W 39th ST # B, Austin TX 78731

After reviewing 7 recent transactions in OAKMONT HEIGHTS, I estimate this property's value at $1,279,887. A competitive list price for this home right now would fall in the $459,000 to $469,000 range. Relative to what's currently available in OAKMONT HEIGHTS, this home would be the most expensive of 7 comparable homes on the market. Being 443 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (0.84 acres versus the area average of 0.16) contributes to the valuation. Current inventory shows 7 comparable homes in OAKMONT HEIGHTS; a balanced market based on recent absorption. Prices in 78731 have risen 6% over the last 6 months. A similar home at 1908 W 37th ST, Austin TX 78731 carries an adjusted comparable value of $1,581,776, providing a strong data point. With 7 comparable sales in OAKMONT HEIGHTS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group