506 E 39th ST, Austin TX 78751

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $727,676. To generate strong buyer interest while maximizing value, I'd price this between $350,000 and $360,000. Against 7 similar active listings in OAKLAWN, this price point lands at the most expensive of 7 comparable homes on the market. The 1927 construction puts this home 7 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in OAKLAWN; a buyer's market based on recent absorption. The trend in 78751 shows prices have risen 5.8% in the past 6 months. 4316 Avenue C, Austin TX 78751 nearby adjusts to $848,606; with a larger floor plan. The 6 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