3806A Bull Creek RD, Austin TX 78731

My analysis of 3 comparable properties puts this home's estimated value at $773,100. Based on how the local market is moving, a list price between $923,000 and $998,000 would position this home well. This home's position in the current OAKMONT HEIGHTS ANNEX market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (224 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.20 acres versus the area average of 0.12) contributes to the valuation. There are currently 7 similar homes on the market in OAKMONT HEIGHTS ANNEX, ranging from $765,000 to $1,380,000. The 6 month price trend in 78731: fallen 12.5%. The best comp here is 1904 W 39th ST # A, Austin TX 78731 at an adjusted value of $842,542, with a larger floor plan. With 3 comparable sales in OAKMONT HEIGHTS ANNEX, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group