12318 Willow Bend DR, Austin TX 78758

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $558,507. Pricing this home between $586,000 and $614,000 would put it in the competitive sweet spot for RIVER OAK LAKE ESTATES. This pricing would rank the home as the most expensive of 3 comparable homes on the market in RIVER OAK LAKE ESTATES's current inventory. The larger floor plan (164 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.40 acres versus the area average of 0.33) contributes to the valuation. With 3 similar homes currently listed in RIVER OAK LAKE ESTATES (a balanced market), competition is a factor to consider. Market data shows RIVER OAK LAKE ESTATES prices fallen 27.9% over the last half year. The closest comparable sale, 1207 Oak Shadows CIR, Austin TX 78758 at an adjusted $618,746, 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