4502 Oakmont BLVD, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,224,028. To generate strong buyer interest while maximizing value, I'd price this between $583,000 and $593,000. With 7 comparable homes on the market in SHOAL, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 2003 construction puts this home 25 years newer than the comp average, a factor in the pricing. At 0.14 acres, the lot is smaller than the 0.27 acre comp average, which factors into pricing. With 7 similar homes currently listed in SHOAL (a buyer's market), competition is a factor to consider. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 4503 Oakmont BLVD, Austin TX 78731 nearby adjusts to $1,197,309; with a smaller floor plan. 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