5907 Mojave DR, Austin TX 78745

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $415,548. To generate strong buyer interest while maximizing value, I'd price this between $488,000 and $518,000. Against 4 similar active listings in OASIS, this price point lands at the most affordable of 4 comparable homes on the market. The 1962 construction puts this home 8 years older than the comp average, a factor in the pricing. At 0.22 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in OASIS, ranging from $375,000 to $545,900. The trend in 78745 shows prices have fallen 6.9% in the past 6 months. 5405 Hunters GLN, Austin TX 78745 nearby adjusts to $487,738; a strong comparable. 7 comparable transactions in OASIS 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