11019 Southwest Oaks, Austin TX 78737

The market data from 7 similar recent sales in OAK RUN ESTATES points to a value of approximately $519,226. To sell within a reasonable timeframe at fair market value, the $504,000 to $535,000 range is where I'd position this. Against 2 similar active listings in OAK RUN ESTATES, this price point lands at the most expensive of 2 comparable homes on the market. The smaller floor plan (297 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.00 acres, the lot is smaller than the 1.83 acre comp average, which factors into pricing. With 2 similar homes currently listed in OAK RUN ESTATES (a balanced market), competition is a factor to consider. In 78737, home values have risen approximately 7.6% over the past 6 months. One of the strongest data points is 9424 El Rey BLVD, Austin TX 78737, adjusting to $520,853; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group