Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $649,525. To generate strong buyer interest while maximizing value, I'd price this between $723,000 and $738,000. In the current OAK FOREST market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (157 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 4 of 7 comparable sales didn't include one. Buyers in OAK FOREST have 7 comparable options right now, with asking prices between $550,000 and $845,000. The trend in OAK FOREST shows prices have risen 10.1% in the past 6 months. 6903 Narrow Oak TRL, Austin TX 78759 nearby adjusts to $790,889; with a smaller 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