Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $587,075. I'd recommend coming to market at $575,000 to $599,000 to strike the right balance between value and market velocity. Among the similar homes currently available in OAK TWIN CREEKS THE, this price point stands out as competitive. The larger floor plan (279 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 3 comparable homes in OAK TWIN CREEKS THE; a balanced market based on recent absorption. The trend in OAK TWIN CREEKS THE shows prices have risen 20.9% in the past 6 months. 408 Kissing Oak DR, Austin TX 78748 nearby adjusts to $597,513; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
