2610 Oaklawn Ave # 1, Austin TX 78722

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $775,331. I'd recommend coming to market at $501,000 to $511,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78722, this price point lands at the 3rd least expensive of 7 comparable homes on the market. Built in 2019, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.18 acre lot (larger than the 0.15 acre average) is reflected in the estimate. With 7 similar homes currently listed in 78722 (a balanced market), competition is a factor to consider. The trend in 78722 shows prices have fallen 11.9% in the past 6 months. 1806 Maple Ave # 1, Austin TX 78702 nearby adjusts to $729,756; with a larger floor plan. Based on 4 relevant data points in 78722, 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