5505 Oakwood CV # 2, Austin TX 78731

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $1,114,902. Pricing this home between $636,000 and $646,000 would put it in the competitive sweet spot for OAKWOOD HOLLOW CONDO. This would position the home competitively among 7 active listings in OAKWOOD HOLLOW CONDO. At 133 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.26 acres versus the area average of 0.17) contributes to the valuation. With 7 similar homes currently listed in OAKWOOD HOLLOW CONDO (a balanced market), competition is a factor to consider. Market data shows 78731 prices risen 11.8% over the last half year. The closest comparable sale, 4507 Autumnleaf HOLW, Austin TX 78731 at an adjusted $894,314, is a strong comparable. With 3 comparable sales in OAKWOOD HOLLOW CONDO, 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