505 E 39th, Austin TX 78751

After reviewing 7 recent transactions in OAKLAWN, I estimate this property's value at $880,227. A competitive list price for this home right now would fall in the $573,000 to $583,000 range. Buyers shopping in OAKLAWN right now would see this as a well positioned option among 4 comparable homes. At 9 years older than typical comps, the 1922 build date influences the valuation. The larger lot (0.25 acres versus the area average of 0.18) contributes to the valuation. There are currently 4 similar homes on the market in OAKLAWN, ranging from $610,000 to $939,000. Prices in 78751 have risen 5.8% over the last 6 months. A similar home at 4514 Caswell Ave, Austin TX 78751 carries an adjusted comparable value of $859,012, providing a strong data point. The comp data here (7 sales in OAKLAWN) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus