5409 Woodview Ave, Austin TX 78756

After reviewing 4 recent transactions in SHOALMONT, I estimate this property's value at $894,299. A competitive list price for this home right now would fall in the $763,000 to $773,000 range. This home's position in the current SHOALMONT market: the most expensive of 3 comparable homes on the market among comparable properties. This home's smaller footprint (221 sqft vs the comp average) plays a role in how the market prices it. At 5 years older than typical comps, the 1947 build date influences the valuation. With 3 similar homes currently listed in SHOALMONT (a balanced market), competition is a factor to consider. Prices in SHOALMONT have risen 22% over the last 6 months. A similar home at 2404 Lawnmont Ave, Austin TX 78756 carries an adjusted comparable value of $955,792, providing a strong data point. The comp data here (4 sales in SHOALMONT) 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