3012 Oakhurst Ave, Austin TX 78703

Based on 3 closed sales in BELMONT, the data points to a value around $1,646,428 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $893,000 to $903,000. This home's position in the current BELMONT market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (312 sqft vs the comp average) plays a role in how the market prices it. Being built in 1957 (5 years newer than comps) is factored into the value estimate. With 7 similar homes currently listed in BELMONT (a buyer's market), competition is a factor to consider. Market data shows 78703 prices fallen 9.3% over the last half year. The closest comparable sale, 3002 Belmont CIR, Austin TX 78703 at an adjusted $1,615,446, is with a smaller floor plan. This estimate draws on 3 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