The market data from 6 similar recent sales in LAKE OAK ESTATES points to a value of approximately $453,156. To sell within a reasonable timeframe at fair market value, the $444,000 to $462,000 range is where I'd position this. Against 3 similar active listings in LAKE OAK ESTATES, this price point lands at the most expensive of 3 comparable homes on the market. There are currently 3 similar homes on the market in LAKE OAK ESTATES, ranging from $425,000 to $475,000. In 78734, home values have risen approximately 10.3% over the past 6 months. One of the strongest data points is 14902 Longbranch DR, Austin TX 78734, adjusting to $444,622; a strong comparable. 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
