The estimated value of this property is $636,733, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $553,000 and $563,000. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in OAKWOOD HOLLOW CONDO. The smaller floor plan (309 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.32 acre lot (larger than the 0.26 acre average) is reflected in the estimate. Buyers in OAKWOOD HOLLOW CONDO have 7 comparable options right now, with asking prices between $549,000 and $1,365,000. Recent trends in 78731 show home values have fallen 13.3% since 6 months ago. The most comparable recent sale is 4800 Leeward CT, Austin TX 78731, with an adjusted value of $549,708; with a larger floor plan. Based on 5 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