517 E 38 1/2 ST, Austin TX 78751

My analysis of 7 comparable properties puts this home's estimated value at $701,506. Based on how the local market is moving, a list price between $418,000 and $428,000 would position this home well. Relative to what's currently available in OAKLAWN, this home would be the 4th most expensive of 7 comparable homes on the market. At 29 years older than typical comps, the 1920 build date influences the valuation. The smaller lot (0.09 acres versus the area average of 0.20) contributes to the valuation. With 7 similar homes currently listed in OAKLAWN (a buyer's market), competition is a factor to consider. The 6 month price trend in 78751: risen 5.8%. The best comp here is 4005 Avenue F Ave, Austin TX 78751 at an adjusted value of $913,477, a strong comparable. 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