706 Oakland Ave, Austin TX 78703

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,674,684. Pricing this home between $1,478,000 and $1,488,000 would put it in the competitive sweet spot for TERRACE PARK. Relative to what's currently available in TERRACE PARK, this home would be the 2nd least expensive of 7 comparable homes on the market. At 33 years older than typical comps, the 1920 build date influences the valuation. The smaller lot (0.10 acres versus the area average of 0.17) contributes to the valuation. Buyers in TERRACE PARK have 7 comparable options right now, with asking prices between $1,390,000 and $3,350,000. Market data shows 78703 prices fallen 8.5% over the last half year. The closest comparable sale, 1505 W 12 ST, Austin TX 78703 at an adjusted $1,173,072, is a strong comparable. With 7 comparable sales in TERRACE PARK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group