11821 Tedford ST, Austin TX 78753

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $419,980. I'd recommend coming to market at $339,000 to $349,000 to strike the right balance between value and market velocity. Against 4 similar active listings in OAK RIDGE, this price point lands at the 2nd most expensive of 4 comparable homes on the market. Current inventory shows 4 comparable homes in OAK RIDGE; a balanced market based on recent absorption. The trend in OAK RIDGE shows prices have fallen 3% in the past 6 months. 11918 Rennalee LOOP, Austin TX 78753 nearby adjusts to $451,727; a strong comparable. Based on 4 relevant data points in OAK RIDGE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX