2903 Oakhurst Ave, Austin TX 78703

The estimated value of this property is $1,878,323, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,235,000 and $1,245,000. Against 7 similar active listings in BELMONT, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The larger floor plan (438 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.29 acre lot (larger than the 0.20 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in BELMONT, listed between $1,249,000 and $2,850,000. Recent trends in 78703 show home values have fallen 9.3% since 6 months ago. The most comparable recent sale is 3203 Funston ST, Austin TX 78703, with an adjusted value of $1,770,361; with a smaller floor plan. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group