5511 OAKWOOD CV # A, Austin TX 78731

My analysis of 5 comparable properties puts this home's estimated value at $1,080,500. Based on how the local market is moving, a list price between $538,000 and $548,000 would position this home well. This home's position in the current OAKWOOD HOLLOW CONDO market: the most expensive of 7 comparable homes on the market among comparable properties. The 111 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.28 acres versus the area average of 0.24) contributes to the valuation. Current inventory shows 7 comparable homes in OAKWOOD HOLLOW CONDO; a balanced market based on recent absorption. The 6 month price trend in 78731: risen 4.3%. The best comp here is 3800 Laurel Ledge LN, Austin TX 78731 at an adjusted value of $857,385, with a larger floor plan. The comp data here (5 sales in OAKWOOD HOLLOW CONDO) 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