1205 Oak Shadows CIR, Austin TX 78758

Based on 7 closed sales in RIVER OAK LAKE ESTATES, the data points to a value around $546,956 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $580,000 to $591,000. This pricing would rank the home as the 3rd least expensive of 6 comparable homes on the market in RIVER OAK LAKE ESTATES's current inventory. At 148 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.35 acres versus 0.31 for the typical comp. The active market in RIVER OAK LAKE ESTATES includes 6 comparable homes priced from $515,000 to $625,000. Market data shows RIVER OAK LAKE ESTATES prices fallen 11.5% over the last half year. The closest comparable sale, 12333 Blue Water DR, Austin TX 78758 at an adjusted $627,351, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in RIVER OAK LAKE ESTATES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group