12300 Knoll Ridge DR, Austin TX 78758

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $601,362. Pricing this home between $623,000 and $650,000 would put it in the competitive sweet spot for RIVER OAK LAKE ESTATES. Relative to what's currently available in RIVER OAK LAKE ESTATES, this home would be the most expensive of 4 comparable homes on the market. The larger floor plan (183 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.41 acres versus the area average of 0.32) contributes to the valuation. Right now, 4 similar properties are competing for buyers in RIVER OAK LAKE ESTATES, listed between $515,000 and $640,000. Market data shows RIVER OAK LAKE ESTATES prices fallen 9.1% over the last half year. The closest comparable sale, 1207 Oak Shadows CIR, Austin TX 78758 at an adjusted $622,590, is a strong comparable. With 7 comparable sales in RIVER OAK LAKE ESTATES, 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