Ed's Opinion of Value

$925,000 Ed's Estimate: $1,356,886 $2,299,000
Lowest Comp Recommended List: $977,000 to $987,000 Highest Comp
Based on 7 closed sales in OAK RIDGE HEIGHTS, the data points to a value around $1,356,886 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $977,000 to $987,000. Buyers shopping in OAK RIDGE HEIGHTS right now would see this as a well positioned option among 7 comparable homes. At 109 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.18 acres versus 0.15 for the typical comp. Current inventory shows 7 comparable homes in OAK RIDGE HEIGHTS; a buyer's market based on recent absorption. The closest comparable sale, 1711 Kenwood Ave, Austin TX 78704 at an adjusted $1,287,333, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in OAK RIDGE HEIGHTS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
3 Beds
4 Baths
2,656 Sq Ft
0.184 Acres

Location

Property Details

Property Type Residential
County Travis
MLS # 1380865

Listing History

MLS# 1380865 112 days
Dec 27, 2021 Off Market
Aug 6, 2021 Listed $1,695,000

Frequently Asked Questions About 2611 S 2nd ST # A, Austin TX 78704

How much does 2611 S 2nd ST # A, Austin TX 78704 cost?

2611 S 2nd ST # A, Austin TX 78704 sold on December 27, 2021. Contact us for sale price details.

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