2005 Woodmont Ave, Austin TX 78703

My analysis of 6 comparable properties puts this home's estimated value at $1,058,718. Based on how the local market is moving, a list price between $709,000 and $719,000 would position this home well. This home's position in the current WESTFIELD market: the most expensive of 3 comparable homes on the market among comparable properties. At 7 years newer than typical comps, the 1958 build date influences the valuation. The smaller lot (0.15 acres versus the area average of 0.18) contributes to the valuation. 3 similar homes are currently available in WESTFIELD, creating a balanced market for this price range. The 6 month price trend in WESTFIELD: fallen 14.7%. The best comp here is 1806 Stamford LN, Austin TX 78703 at an adjusted value of $1,033,452, a strong comparable. With 6 comparable sales in WESTFIELD, 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