2707 Oakhurst Ave, Austin TX 78703

Based on 4 closed sales in EDGEMONT, the data points to a value around $1,319,944 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,502,000 to $1,506,000. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in EDGEMONT's current inventory. At 162 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.00 acres versus 0.17 for the typical comp. With 3 similar homes currently listed in EDGEMONT (a buyer's market), competition is a factor to consider. Market data shows 78703 prices fallen 5.4% over the last half year. The closest comparable sale, 1614 Preston Ave, Austin TX 78703 at an adjusted $1,200,276, is with a smaller floor plan. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus