2305 Lear LN, Austin TX 78745

The market data from 7 similar recent sales in SOUTHWEST OAKS points to a value of approximately $714,909. To sell within a reasonable timeframe at fair market value, the $580,000 to $590,000 range is where I'd position this. With 4 comparable homes on the market in SOUTHWEST OAKS, this price positions the property as the most expensive of 4 comparable homes on the market. The larger floor plan (202 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.25 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. Buyers in SOUTHWEST OAKS have 4 comparable options right now, with asking prices between $550,000 and $750,000. One of the strongest data points is 8007 Keneshaw DR, Austin TX 78745, adjusting to $676,997; with a smaller floor plan. 7 comparable transactions in SOUTHWEST OAKS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group