1300 Old Cedar LN, Austin TX 78758

Based on 7 closed sales in RIVER OAK LAKE ESTATES, the data points to a value around $518,503 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $391,000 to $401,000. Relative to what's currently available in RIVER OAK LAKE ESTATES, this home would be the 2nd least expensive of 7 comparable homes on the market. Lot size matters here: 0.34 acres versus 0.29 for the typical comp. Right now, 7 similar properties are competing for buyers in RIVER OAK LAKE ESTATES, listed between $350,000 and $630,000. Market data shows RIVER OAK LAKE ESTATES prices fallen 11.5% over the last half year. The closest comparable sale, 12333 Blue Water DR, Austin TX 78758 at an adjusted $586,583, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in RIVER OAK LAKE ESTATES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group