5507 Oakwood CV # B, Austin TX 78731

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,098,388. I'd recommend coming to market at $624,000 to $634,000 to strike the right balance between value and market velocity. Among the similar homes currently available in OAKWOOD HOLLOW CONDO, this price point stands out as competitive. Being 173 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.32 acre lot (larger than the 0.25 acre average) is reflected in the estimate. The active market in OAKWOOD HOLLOW CONDO includes 7 comparable homes priced from $595,000 to $1,770,000. The trend in 78731 shows prices have risen 3.7% in the past 6 months. 4804 Ranch Road 2222, Austin TX 78731 nearby adjusts to $810,763; with a smaller floor plan and a pool. Based on 3 relevant data points in OAKWOOD HOLLOW CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX