11416 Charred Oak DR, Austin TX 78759

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $720,892. I'd recommend coming to market at $706,000 to $735,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in OAK FOREST, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 0.27 acre lot (larger than the 0.22 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in OAK FOREST; a seller's market based on recent absorption. The trend in OAK FOREST shows prices have fallen 6.5% in the past 6 months. 11505 D K Ranch RD, Austin TX 78759 nearby adjusts to $612,184; with a larger floor plan. With 7 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