11308 Pradera DR, Austin TX 78759

My analysis of 7 comparable properties puts this home's estimated value at $633,283. Based on how the local market is moving, a list price between $680,000 and $690,000 would position this home well. Relative to what's currently available in OAK FOREST, this home would be the 2nd least expensive of 6 comparable homes on the market. The larger lot (0.27 acres versus the area average of 0.23) contributes to the valuation. Current inventory shows 6 comparable homes in OAK FOREST; a seller's market based on recent absorption. The 6 month price trend in OAK FOREST: risen 10.1%. The best comp here is 7416 Fireoak DR, Austin TX 78759 at an adjusted value of $573,003, with a larger floor plan. The comp data here (7 sales in OAK FOREST) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus