11916 Oakbrook DR, Austin TX 78753

The market data from 3 similar recent sales in OAK RIDGE points to a value of approximately $459,405. To sell within a reasonable timeframe at fair market value, the $396,000 to $406,000 range is where I'd position this. With 3 comparable homes on the market in OAK RIDGE, this price positions the property as the most expensive of 3 comparable homes on the market. This home's larger footprint (101 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 3 comparable homes in OAK RIDGE; a seller's market based on recent absorption. In OAK RIDGE, home values have fallen approximately 1.7% over the past 6 months. One of the strongest data points is 11918 Rennalee LOOP, Austin TX 78753, adjusting to $468,510; a strong comparable. 3 comparable transactions in OAK RIDGE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group