3013 S 5th ST # A, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $820,308. To generate strong buyer interest while maximizing value, I'd price this between $793,000 and $901,000. Among the similar homes currently available in OAK RIDGE HEIGHTS, this price point stands out as competitive. The 2007 construction puts this home 17 years newer than the comp average, a factor in the pricing. At 0.19 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. With 3 similar homes currently listed in OAK RIDGE HEIGHTS (a buyer's market), competition is a factor to consider. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 204 Brewster ST, Austin TX 78704 nearby adjusts to $790,545; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group