617 Oakland Ave, Austin TX 78703

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,663,022. To generate strong buyer interest while maximizing value, I'd price this between $2,574,000 and $2,729,000. With 7 comparable homes on the market in TERRACE PARK, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (215 sqft vs the comp average) plays a role in how the market prices it. There are currently 7 similar homes on the market in TERRACE PARK, ranging from $1,390,000 to $3,999,999. The trend in 78703 shows prices have fallen 9.3% in the past 6 months. 800 W Lynn ST, Austin TX 78703 nearby adjusts to $1,799,796; a strong comparable. The 3 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