It's no secret in Austin that the East Side is an up and coming place to live. Thanks to the proximity to downtown lifestyle at reasonable price points, many buyers are making the choice to cross IH-35 for an East-side home.
I have a buyer currently looking for a home in the 78723 zip code!
Neighborhoods and subdivisions in this zip code include: Windsor Park, University Hills, Springdale Hills, Cherrylawn, Crestland, Riverbend, Fort View Hills, Marymount, Delwood, Royal Oak Estates, Colonial Hills, Meadowbrook, Gaston Park, Walnut Hills, Brookside, Mueller.
I thought I would write a quick blog to display an awesome appreciation trend for this area also (see below)! I just sent this to my buyer to review and it has helped him make a decision to buy in this area. I would love to help you find a great home and a great investment. Call me today to set up a meeting for a buyer consultation.
Zip code 78723 -- Analysis of SOLD 1-story, 3 bedroom/2 Bath homes
Year - Average Sold price - Average SOLD $/SF (# of homes in average)
2000 - $105,711 - $75/SF (119)
2005 - $137,427 - $95/SF (180)
2010 - $199,093 - $132.39/SF (139)
You can see that the appreciation trend is positive. This would be an excellent area to buy a home at below market value and make improvements (and receive a good Return On Investment - ROI - when you sell the home.) Or even a great area to buy a home that is already updated and move-in ready.
Please call me today if you want to sell your home in this area (or if you are looking to buy a home!) I will help you find the best home at the best price!
Laura Ivy Blessing blogs about the Cedar Park and Austin known and lesser known happenings with a splash of real estate savvy for today's buyers and sellers. Please call her today to consult and advise you through your next real estate transaction.