506 Academy, Austin TX 78704

After reviewing 3 recent transactions in WOODLAWN, I estimate this property's value at $772,477. A competitive list price for this home right now would fall in the $309,000 to $319,000 range. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in WOODLAWN's current inventory. At 148 sqft larger than the typical comp, the size difference factors into the valuation. At 8 years older than typical comps, the 1929 build date influences the valuation. Buyers in WOODLAWN have 7 comparable options right now, with asking prices between $299,900 and $953,000. Prices in 78704 have fallen 1.6% over the last 6 months. A similar home at 516 Lockhart DR, Austin TX 78704 carries an adjusted comparable value of $744,220, providing a strong data point. With 3 comparable sales in WOODLAWN, 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