12318 Indian Mound DR, Austin TX 78758

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $638,389. I'd recommend coming to market at $796,000 to $854,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in RIVER OAK LAKE ESTATES, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. The larger floor plan (620 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a standout feature, with 4 of 7 comparable homes not offering one. With 6 similar homes currently listed in RIVER OAK LAKE ESTATES (a seller's market), competition is a factor to consider. The trend in RIVER OAK LAKE ESTATES shows prices have fallen 19.1% in the past 6 months. 12313 Indian Mound DR, Austin TX 78758 nearby adjusts to $653,591; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group