1901 W 42nd ST, Austin TX 78731

The market data from 4 similar recent sales in OAKMONT HEIGHTS ANNEX points to a value of approximately $566,634. To sell within a reasonable timeframe at fair market value, the $320,000 to $330,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in OAKMONT HEIGHTS ANNEX. At 0.23 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in OAKMONT HEIGHTS ANNEX; a buyer's market based on recent absorption. In 78731, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 1903 40th ST, Austin TX 78731, adjusting to $659,349; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group