🧊 The Ice has Melted, Spring on the Way 🌱

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OGA Update 02032023
The Oldham Group Austin | Courtney Oldham
Market Minute

After this week’s ice storm, it might not feel like it, but Austin’s spring real estate market is right around the corner. Typically Austin experiences an uptick in sales volume from mid-February to July. These are the 4 things that buyers will be looking for in their next home. 

1. LOCATION

Location is the single most important determination of value. Homes with close proximity to downtown Austin, on the water or located in coveted school districts remain some of the highest valued homes in our market.

2. VALUE

Homes in Austin hit all-time price records last year and have experienced a correction since that time. Today’s buyers are slowing entering the market, but are looking for value. They want to negotiate and some flexibility on contract terms.

3. FUNCTIONALITY

Larger homes with more functional spaces are highly sought after given that more people are working, exercising and studying from home. Features that command the extra dollars include gyms, pools, outdoor living areas, bars, and dedicated office space.

 

4. MOVE IN READY

Homes that are completely updated are commanding an extra premium because it’s difficult to find reliable contractors to do renovation work. Ask me how to leverage Compass Concierge to do any make-ready work before listing to give you the BEST opportunity for the HIGHEST price.

Ready to SELL? Let’s talk about getting the MOST from your property! Call Courtney 512.809.5495

Featured Properties

1708 Aborside Drive

SOLD

3 BD | 2 BA | 1708 SF | $415,000

Lovely updates throughout this 2-story home in the desirable Pioneer Hill community. New interior paint, fresh carpet, updated half bath, and new fixtures.

Listed by: Courtney Oldham, Compass RE

1609 Hartford Road

UNDER CONTRACT

3 BD | 3.5 BA | 2,381 SF | $1,395,000

Rare, move-in ready 3/3.5 in 78703 with 2 car garage (including Tesla charger). Lives like a single-family home (Townhome style, corner unit in small 4-unit complex) with very solid construction. Flexible floor plan w/an elevator will appeal to many buyers. 

Buyer Representation: Courtney Oldham, Compass RE

3408 Stratford Hills Lane

5 BD | 5 FB | 3 HB | 1.23 AC | $5,495,000

Stunning sophistication in Stratford Mountain. This private estate is perfectly positioned on a generous 1.235-acre lot with views of Lake Austin from the spacious second floor balcony. Amazing attention to every detail – exquisite trim work, elegant iron details and resort-like outdoor spaces.

Award-winning Eanes School district just minutes from downtown and Zilker Park.

Listed by: Courtney Oldham, Compass RE

Rim Rock View

UNDER CONTRACT

12.93 AC | Unrestricted | ETJ | $2,300,000

PRICE REDUCTION! Incredible opportunity for almost 13 unrestricted acres in “the path of progress”! Perfectly located off of Hwy 290 near Nutty Brown Rd, 20 minutes to downtown Austin and a straight shot to ABIA. Amazing potential for a short-term rental venue, luxury RV resort, boutique collaborative, custom home lots or even a gentleman’s ranch.

Call for guided tour

Listed by: Courtney Oldham, Compass RE

2005 Tower Drive

.259 AC LOT | TARRYTOWN | $1,450,00

This is an incredible building opportunity in one of the most desirable neighborhoods in Austin, Tarrytown. It’s located on a walkable street across from Tarrytown Neighborhood Park with convenient access to Mopac. It’s all of lot 53 (.1778 acres) and half of lot 54 (.0814) for a combined .2592 acres. The current duplex structure has an A & B unit to provide rental income while building permitting is in process.

Listed by: Courtney Oldham, Compass RE

2800 Joe DiMaggio Blvd

3 BD | 2 BA | 1820 SF | $399,995

NEW PRICE * 1% PREFERRED LENDER CREDIT * Stunning farmhouse in the heart of Round Rock and nestled in a pocket neighborhood close to Old Settlers Park, Dell Diamond, Kalahari, toll roads and more! This gorgeous home feels like a page out of Magnolia Journal!

Listed by: Courtney Oldham, Compass RE

What's Happening
I ❤️ ART
Friday, February 3rd | 5:30 PM 

I Love Austin: Art Experience Music Hill Ranch invites you to the first art show of the year, There will be over 20 fine artists displaying their artwork at Music Hill Ranch. The serene and private oasis boasts stunning views of the hill country, a rich history, and beautiful architecture. The evening will be filled with live music, fine art, and tantalizing food. Purchase your tickets HERE.

 
BLACK HISTORY MONTH, RIDE
 
Saturday, February 4th | 1:00 PM Black History Month Social Ride This free event will host a special ride that focuses on several Black Civil Rights activists who call/called Austin home. Donations are appreciated. All of their rides move at a relaxed pace, and riders of all abilities will be able to learn about history together. If you need to rent a bike, Austin Bike Tour and Rentals has provided a 10% discount. MORE
 
CITY WIDE VINTAGE SALE

Saturday, February 4th | 8:30 AM – 5:00 PM City-Wide Vintage Sale at Palmer Events Center There’s no better place than Austin to get those coveted single-stitch vintage tees—and there’s no better place in Austin to find them! Expect tons of unique clothing, interior decor, and much more. Click here for more information

 
VIVA VALETINE’S DAY

Your special someone deserves a Valentine’s Day with a relaxing spa treatment at Viva Day Spa + Med Spa. Their award-winning spa treatments are guaranteed to make your sweetie swoon. Need Valentine’s spa gift ideas? Make it a spa day for two with a romantic couples spa package. Or make their heart skip a beat with a gift certificate for a rejuvenating facial or muscle melting massage. PACKAGES
 
Community Collaboration

The Oldham Group ❤️’s Austin and is committed to giving back to our community.  Each month we’ll partner with a local business OR charity. February is Courtney’s birthday month so we’re focusing on her charity, the Austin Syndicate!

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More Resources
AUSTIN AREA MARKET STATS: For those who love a good spreadsheet, here are the latest Austin market stat. Austin Board of Realtors MONTHLY STATISTICS
 
BUYER GUIDE: Find the right place at the right price isn’t an easy task! We can help you through the process. BUYER GUIDE

SELLER GUIDE: How do you make sure you get the most money for your home? From pricing to marketing, we’ll customize a plan to ensure you get the most money for your home. SELLER GUIDE

MORTGAGE: We have trusted mortgage relationships to help you on your home buying journey. Please reach out to Courtney for the best fit for your needs.  

PROPERTY TAX PROTEST: Use a trusted professional, Home Tax Shield to protest your taxesHERE
 
CONTRACTORS: Courtney has a list of professionals from electricians and plumbers to pool companies and landscape firms. Let us make a connection! Curated by Courtney
Thank you for your Referrals
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The Oldham Group Austin | Courtney Oldham

Courtney Oldham

© Compass 2024 | All Rights Reserved by Compass | Made in NYC

The information contained herein does not purport to be complete nor, necessarily, accurate and should be independently verified; nor does it represent or constitute a legal analysis or financial advice. All of the financial projections and/or conclusions are provided for illustration purposes only. Compass and its agents disclaim any and all liability for representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient. This represents an estimated sale price for this property. It is not the same as an opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.

Thank you for your interest, we will be in touch shortly!

Team Oldham Group | Moving Austin Forward | Courtney Oldham