4805 Bandera, Austin TX 78721

After reviewing 3 recent transactions in OAK LAWN, I estimate this property's value at $380,253. A competitive list price for this home right now would fall in the $318,000 to $328,000 range. This home's position in the current OAK LAWN market: the 2nd most expensive of 5 comparable homes on the market among comparable properties. At 290 sqft smaller than the typical comp, the size difference factors into the valuation. Current inventory shows 5 comparable homes in OAK LAWN; a buyer's market based on recent absorption. Prices in 78721 have fallen 5.5% over the last 6 months. A similar home at 1601 N Redondo DR, Austin TX 78721 carries an adjusted comparable value of $379,174, providing a strong data point. With 3 comparable sales in OAK LAWN, 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