605 Oakland, Austin TX 78703

After reviewing 7 recent transactions in TERRACE PARK, I estimate this property's value at $1,108,676. A competitive list price for this home right now would fall in the $659,000 to $669,000 range. This home's position in the current TERRACE PARK market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 50 years older than typical comps, the 1925 build date influences the valuation. The larger lot (0.16 acres versus the area average of 0.06) contributes to the valuation. There are currently 7 similar homes on the market in TERRACE PARK, ranging from $649,500 to $1,799,000. Prices in 78703 have fallen 6.6% over the last 6 months. A similar home at 1018 Shelley Ave, Austin TX 78703 carries an adjusted comparable value of $1,512,882, providing a strong data point. The comp data here (7 sales in TERRACE PARK) 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