5010 Woodview Ave, Austin TX 78756

The market data from 3 similar recent sales in SHOALMONT points to a value of approximately $751,202. To sell within a reasonable timeframe at fair market value, the $577,000 to $587,000 range is where I'd position this. With 5 comparable homes on the market in SHOALMONT, this price positions the property as the most expensive of 5 comparable homes on the market. The smaller floor plan (209 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.21 acres, the lot is smaller than the 0.25 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in SHOALMONT; a balanced market based on recent absorption. In SHOALMONT, home values have risen approximately 22% over the past 6 months. One of the strongest data points is 5408 Montview ST, Austin TX 78756, adjusting to $671,714; a strong comparable. The 3 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