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OGA Update 03032023
The Oldham Group Austin | Courtney Oldham
Market Minute

Is Spring really the BEST time to jump into the real estate market? I think it’s a great time…here are 5 reasons why…

PRICES PEAK – In some ways, residential real estate is  different than other markets—in the spring when there is the most inventory, it’s often the time when we see the highest list prices.  It sounds counterintuitive, but it’s a function of demand being seasonal.

GREAT COMPS  – The spring market provides buyers and appraisers more comparable sold data to substantiate values. There is typically less data available during the winter months which means that a home that sold below its value may be the only data point available for appraisers to take into account.

NUMBERS DON’T LIE – Real estate demand is seasonal and the start of the season is SPRING! This is the perfect time to list your property and expose it to the largest buying pool of the year. For buyers, you’ll have the benefit of most inventory!

BIDDING WARS – With more buyers in the market, this is the time of year you are the most likely to encounter multiple offers – list in the Spring when there is a large supply of homes available on the market.

LOOKING GOOD – Properties tend to look better during the spring vs. the dreary days of winter or the scorching summer season. Your property will shine brighter in the spring with everything in bloom.

Ready to take advantage of the Spring market? Give me a call.

Courtney 512.809.5495

Featured Properties

Rim Rock View

12.93 AC | Unrestricted | $1,999,000

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 weekend ranch.

🥃 WHISKEY WEDNESDAY 🥃
MARCH 8TH from 2 PM – 6PM

Join us for property tours and drink!

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.

NOW LISTED | NEW PRICE

3101 Perry Lane

5 BD | 4.5 BA | .46 ACRES | $3,500,000

Constructed in 1960 and situated on a rare flat .46 acre lot in central Austin, this one of a kind home has been thoughtfully renovated honoring the original architectural integrity while implementing modern comforts. Contact Courtney for a private showing.

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

2005 Tower Drive

.259 AC LOT | TARRYTOWN | $1,395,000

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
SALUD TO THE THE LONE STAR

Garrison Brothers Distillery

Saturday, March 4  | 11:00 AM

Garrison Brothers Distillery will host Salud to the Lone Star, a celebration and fundraiser for The Remember the Alamo Foundation. There will be live music, food, and activities, including priority access to purchase a limited edition “Remember the Alamo” Single Barrel bottle, hand-selected by Donnis Todd. MORE

ATX OPEN

The WTA is in town! 🎾 Thanks to our friends at @keytitlegroup we had the opportunity to be part of Austin’s first-ever Women’s Tennis Association (WTA) Tour tournament. The ATX Open! The inaugural event takes place from February 27 to March 5, 2023 at Westwood Country Club! WCC has been transformed to include a 1,700-seat Stadium Match Court and amenities. MORE

RODEO AUSTIN | BBQ AUSTIN

Travis County Exposition Center on March 3-4

BBQ Austin is a sanctioned BBQ cook-off where teams from all over Texas come to compete. It will also feature a petting zoo, pony rides, shopping, Jr. Pit Master Contest, BBQ Austin University, and Austin’s largest carnival. MORE

DIANA KENNEDY CENTENNIAL 

MAR 5, 2023 | 4:00 pm

Fonda San Miguel owner Tom Gilliland is teaming up with the University of Texas at San Antonio Libraries’ Special Collections to host a fundraising party for his dear friend and world-renowned Mexican cuisine expert, the late Diana Kennedy. Proceeds from the celebration will benefit the Diana Kennedy Cookbook Endowment. MORE

Community Collaboration

Thanks you to this AMAZING group of sweet ladies who came out to Sip N Shop in support of Rodeo Austin. We had a fabulous time at Estilo and tried on a bunch of super cute western styles! Let’s RODEO! 

Click HERE to support the Austin Syndicate.

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
 
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The Oldham Group Austin | Courtney Oldham

Courtney Oldham

© Compass 2023 | 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