608 Oakland Ave, Austin TX 78703

Based on 7 closed sales in 78703, the data points to a value around $1,309,440 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $862,000 to $872,000. This home's position in the current 78703 market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. The larger floor plan (134 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1919 (34 years older than comps) is factored into the value estimate. The active market in 78703 includes 7 comparable homes priced from $819,700 to $3,350,000. Market data shows 78703 prices fallen 3.1% over the last half year. The closest comparable sale, 800 W Lynn ST, Austin TX 78703 at an adjusted $1,577,222, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 78703. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group