2704 W 49th ST, Austin TX 78731

After reviewing 3 recent transactions in SHOALWOODS ANNEX, I estimate this property's value at $816,844. A competitive list price for this home right now would fall in the $1,040,000 to $1,149,000 range. Buyers shopping in SHOALWOODS ANNEX right now would see this as a well positioned option among 3 comparable homes. The larger floor plan (122 sqft compared to the average comp) is a meaningful differentiator in this price range. At 8 years newer than typical comps, the 1956 build date influences the valuation. 3 similar homes are currently available in SHOALWOODS ANNEX, creating a buyer's market for this price range. Prices in 78731 have fallen 16.7% over the last 6 months. A similar home at 4611 Shoal Creek BLVD, Austin TX 78756 carries an adjusted comparable value of $791,765, providing a strong data point. With 3 comparable sales in SHOALWOODS ANNEX, 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