5001 Shoalwood Ave, Austin TX 78756

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $465,778. Pricing this home between $574,000 and $591,000 would put it in the competitive sweet spot for CRESTMONT. Relative to what's currently available in CRESTMONT, this home would be the 2nd most expensive of 3 comparable homes on the market. The 171 sqft size difference versus comparable sales is reflected in the adjusted values. At 7 years older than typical comps, the 1949 build date influences the valuation. 3 similar homes are currently available in CRESTMONT, creating a balanced market for this price range. Market data shows 78756 prices fallen 16.2% over the last half year. The closest comparable sale, 5326 Balcones DR # B, Austin TX 78731 at an adjusted $264,180, is a strong comparable. With 3 comparable sales in CRESTMONT, 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