Reviewing the most recent comparable transactions, this home's market value falls around $376,921. For a well positioned listing in OLYMPIC HEIGHTS, I'd target the $392,000 to $397,000 range. Among the similar homes currently available in OLYMPIC HEIGHTS, this price point stands out as competitive. At 0.16 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in OLYMPIC HEIGHTS; a buyer's market based on recent absorption. Recent trends in OLYMPIC HEIGHTS show home values have fallen 1.2% since 6 months ago. The most comparable recent sale is 11405 Georgia Coleman BND, Austin TX 78748, with an adjusted value of $355,830; with a smaller floor plan. 7 comparable transactions in OLYMPIC 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