12306 Knoll Ridge DR, Austin TX 78758

My analysis of 3 comparable properties puts this home's estimated value at $401,545. Based on how the local market is moving, a list price between $497,000 and $519,000 would position this home well. This would position the home competitively among 3 active listings in RIVER OAK LAKE ESTATES. This home's smaller footprint (229 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.41 acres versus the area average of 0.33) contributes to the valuation. 3 similar homes are currently available in RIVER OAK LAKE ESTATES, creating a balanced market for this price range. The 6 month price trend in RIVER OAK LAKE ESTATES: fallen 19.5%. The best comp here is 1302 Oak Shadows CIR, Austin TX 78758 at an adjusted value of $301,538, with a larger floor plan. With 3 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