11903 Conann CT, Austin TX 78753

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $540,730. I'd recommend coming to market at $473,000 to $483,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in OAK RIDGE. This home's larger footprint (116 sqft vs the comp average) plays a role in how the market prices it. The 0.21 acre lot (smaller than the 0.25 acre average) is reflected in the estimate. The active market in OAK RIDGE includes 3 comparable homes priced from $475,000 to $575,000. The trend in OAK RIDGE shows prices have fallen 1.7% in the past 6 months. 11902 Rennalee LOOP, Austin TX 78753 nearby adjusts to $600,970; a strong comparable. With 3 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