4500 E Oltorf ST # 408, Austin TX 78741

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $174,934. To generate strong buyer interest while maximizing value, I'd price this between $114,000 and $124,000. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in 78741. The smaller floor plan (385 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.04 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. With 5 similar homes currently listed in 78741 (a buyer's market), competition is a factor to consider. The trend in 78741 shows prices have fallen 1.1% in the past 6 months. 1705 Crossing PL # 122, Austin TX 78741 nearby adjusts to $102,219; a strong comparable. The 4 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