4503 Oakmont BLVD, Austin TX 78731

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,283,763. I'd recommend coming to market at $879,000 to $889,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in SHOAL, this price positions the property as the most expensive of 7 comparable homes on the market. The 224 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2012, this home is 39 years newer than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in SHOAL, listed between $850,000 and $1,365,000. The trend in SHOAL shows prices have fallen 20.5% in the past 6 months. 5017 W Frances PL, Austin TX 78731 nearby adjusts to $909,126; a strong comparable. Based on 7 relevant data points in SHOAL, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX