2905 S 4th ST, Austin TX 78704

After reviewing 5 recent transactions in OAK RIDGE HEIGHTS, I estimate this property's value at $1,239,470. A competitive list price for this home right now would fall in the $1,292,000 to $1,423,000 range. This home's position in the current OAK RIDGE HEIGHTS market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. At 5 years older than typical comps, the 2016 build date influences the valuation. The larger lot (0.21 acres versus the area average of 0.17) contributes to the valuation. With 4 similar homes currently listed in OAK RIDGE HEIGHTS (a buyer's market), competition is a factor to consider. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 2406 Euclid Ave # 1, Austin TX 78704 carries an adjusted comparable value of $1,488,668, providing a strong data point. The comp data here (5 sales in OAK RIDGE HEIGHTS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus