5517 Oakwood CV # 5, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $607,268. To generate strong buyer interest while maximizing value, I'd price this between $649,000 and $683,000. With 3 comparable homes on the market in OAKWOOD HOLLOW CONDO, this price positions the property as the most expensive of 3 comparable homes on the market. At 0.32 acres, the lot is larger than the 0.26 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in OAKWOOD HOLLOW CONDO; a buyer's market based on recent absorption. The trend in 78731 shows prices have fallen 14.6% in the past 6 months. 5803 Sandalwood HOLW, Austin TX 78731 nearby adjusts to $737,501; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group