16711 Morgan Hill TRL, Austin TX 78717

My analysis of 5 comparable properties puts this home's estimated value at $675,602. Based on how the local market is moving, a list price between $662,000 and $689,000 would position this home well. This home's position in the current OAK BROOK market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. This home's larger footprint (315 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.30 acres versus the area average of 0.25) contributes to the valuation. Current inventory shows 4 comparable homes in OAK BROOK; a seller's market based on recent absorption. The 6 month price trend in OAK BROOK: fallen 4.2%. The best comp here is 17060 Conway Springs CT, Austin TX 78717 at an adjusted value of $639,665, with a smaller floor plan. With 5 comparable sales in OAK BROOK, 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