12314 Indian Mound, Austin TX 78758

The market data from 6 similar recent sales in RIVER OAK LAKE ESTATES points to a value of approximately $707,358. To sell within a reasonable timeframe at fair market value, the $567,000 to $577,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in RIVER OAK LAKE ESTATES. Being 620 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 4 of 6 comparable sales didn't include one. The active market in RIVER OAK LAKE ESTATES includes 7 comparable homes priced from $520,000 to $899,999. In RIVER OAK LAKE ESTATES, home values have fallen approximately 27.6% over the past 6 months. One of the strongest data points is 12323 Blue Water DR, Austin TX 78758, adjusting to $648,392; with a smaller floor plan. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group