5602 Oakwood CV # 2, Austin TX 78731

The market data from 7 similar recent sales in OAKWOOD HOLLOW CONDO points to a value of approximately $882,787. To sell within a reasonable timeframe at fair market value, the $527,000 to $537,000 range is where I'd position this. Against 7 similar active listings in OAKWOOD HOLLOW CONDO, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 2001 construction puts this home 17 years newer than the comp average, a factor in the pricing. At 0.26 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. 7 similar homes are currently available in OAKWOOD HOLLOW CONDO, creating a buyer's market for this price range. In 78731, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 5507 Oakwood CV # 2, Austin TX 78731, adjusting to $617,344; with a larger floor plan. 7 comparable transactions in OAKWOOD HOLLOW CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group