12 Scarlet RDG, Austin TX 78737

After reviewing 7 recent transactions in HERITAGE OAKS, I estimate this property's value at $823,617. A competitive list price for this home right now would fall in the $684,000 to $694,000 range. This home's position in the current HERITAGE OAKS market: the 2nd most expensive of 6 comparable homes on the market among comparable properties. Being 741 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 6 years older than typical comps, the 1985 build date influences the valuation. Right now, 6 similar properties are competing for buyers in HERITAGE OAKS, listed between $675,000 and $1,049,000. Prices in HERITAGE OAKS have fallen 5.7% over the last 6 months. A similar home at 3 Heritage Oaks DR, Austin TX 78737 carries an adjusted comparable value of $650,325, providing a strong data point. With 7 comparable sales in HERITAGE OAKS, 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