5309 Woodview Ave, Austin TX 78756

The market data from 7 similar recent sales in SHOALMONT points to a value of approximately $740,270. To sell within a reasonable timeframe at fair market value, the $430,000 to $440,000 range is where I'd position this. With 5 comparable homes on the market in SHOALMONT, this price positions the property as the most expensive of 5 comparable homes on the market. This home's smaller footprint (141 sqft vs the comp average) plays a role in how the market prices it. The 1945 construction puts this home 13 years older than the comp average, a factor in the pricing. There are currently 5 similar homes on the market in SHOALMONT, ranging from $450,000 to $1,075,000. In SHOALMONT, home values have fallen approximately 6.9% over the past 6 months. One of the strongest data points is 4927 Strass DR, Austin TX 78731, adjusting to $667,272; a strong comparable. The 7 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