2406 Woodmont Ave, Austin TX 78703

The estimated value of this property is $4,157,079, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $6,491,000 and $6,931,000. In the current 78703 market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Being 740 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.40 acre lot (larger than the 0.32 acre average) is reflected in the estimate. 7 similar homes are currently available in 78703, creating a buyer's market for this price range. Recent trends in 78703 show home values have risen 6% since 6 months ago. The most comparable recent sale is 13 Niles RD, Austin TX 78703, with an adjusted value of $5,448,181; with a larger floor plan. Based on 3 relevant data points in 78703, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX