503 Lone Oak, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,322,111. To generate strong buyer interest while maximizing value, I'd price this between $1,296,000 and $1,349,000. Against 7 similar active listings in TWIN OAKS, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 2002 construction puts this home 8 years older than the comp average, a factor in the pricing. The active market in TWIN OAKS includes 7 comparable homes priced from $1,095,000 to $1,999,000. The trend in 78704 shows prices have fallen 3% in the past 6 months. 1711 Kenwood Ave, Austin TX 78704 nearby adjusts to $1,235,506; a strong comparable. 4 comparable transactions in TWIN OAKS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group