11905 Rennalee LOOP, Austin TX 78753

After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $498,100. Pricing this home between $370,000 and $380,000 would put it in the competitive sweet spot for OAK RIDGE. Relative to what's currently available in OAK RIDGE, this home would be the most expensive of 7 comparable homes on the market. The 335 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.66 acres versus the area average of 0.24) contributes to the valuation. 7 similar homes are currently available in OAK RIDGE, creating a seller's market for this price range. Market data shows OAK RIDGE prices fallen 1.7% over the last half year. The closest comparable sale, 11918 Rennalee LOOP, Austin TX 78753 at an adjusted $501,450, is with a larger floor plan. With 6 comparable sales in OAK RIDGE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group