12318 Blue Water DR, Austin TX 78758

After reviewing 7 recent transactions in RIVER OAK LAKE ESTATES, I estimate this property's value at $460,934. A competitive list price for this home right now would fall in the $510,000 to $560,000 range. Buyers shopping in RIVER OAK LAKE ESTATES right now would see this as a well positioned option among 7 comparable homes. At 131 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.34 acres versus the area average of 0.30) contributes to the valuation. With 7 similar homes currently listed in RIVER OAK LAKE ESTATES (a balanced market), competition is a factor to consider. Prices in RIVER OAK LAKE ESTATES have fallen 19.5% over the last 6 months. A similar home at 1302 Oak Shadows CIR, Austin TX 78758 carries an adjusted comparable value of $324,090, providing a strong data point. The comp data here (7 sales in RIVER OAK LAKE ESTATES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus