The market data from 3 similar recent sales in LAKE OAK ESTATES points to a value of approximately $479,597. To sell within a reasonable timeframe at fair market value, the $469,000 to $480,000 range is where I'd position this. Against 6 similar active listings in LAKE OAK ESTATES, this price point lands at the 2nd most expensive of 6 comparable homes on the market. There are currently 6 similar homes on the market in LAKE OAK ESTATES, ranging from $419,900 to $539,000. In 78734, home values have fallen approximately 10.7% over the past 6 months. One of the strongest data points is 15202 Sun Bird LN, Austin TX 78734, adjusting to $500,671; a strong comparable. The 3 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
