5305 Woodview, Austin TX 78756

The estimated value of this property is $1,603,986, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,985,000 and $2,080,000. In the current SHOALMONT market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (211 sqft vs the comp average) plays a role in how the market prices it. Built in 2004, this home is 27 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in SHOALMONT (a seller's market), competition is a factor to consider. Recent trends in SHOALMONT show home values have risen 28% since 6 months ago. The most comparable recent sale is 2606 W 49th ST, Austin TX 78731, with an adjusted value of $1,327,090; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group