2201 Oak Valley DR, Austin TX 78748

Based on 7 closed sales in 78748, the data points to a value around $459,525 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $311,000 to $321,000. This home's position in the current 78748 market: the most expensive of 7 comparable homes on the market among comparable properties. Being built in 1993 (6 years newer than comps) is factored into the value estimate. Lot size matters here: 0.58 acres versus 0.17 for the typical comp. Current inventory shows 7 comparable homes in 78748; a balanced market based on recent absorption. Market data shows 78748 prices fallen 5.9% over the last half year. The closest comparable sale, 2904 Garvey CV, Austin TX 78748 at an adjusted $523,579, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus